The last Panhard passenger car was built in 1967. From 1968 on, Panhard has only made armored vehicles—the civilian branch was absorbed by Citroën in 1965, and the marque was retired.
In 2004, Panhard lost a competition to another manufacturer of military vehicles, Auverland, for the choice of the future PVP of the French Army. This allowed Auverland to purchase Panhard in 2005, then a subsidiary of PSA Peugeot Citroën. However, the fame of Panhard being greater, it was decided to retain the name; the PVP designed by Auverland would bear a Panhard badge.
