Panhard emblem.
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Established in 1889, Panhard & Levassor was the first automobile manufacturing company. Having acquired French rights to the Daimler engine, the engineers Panhard et Levassor built their first car in 1891. The last Panhard was the 24CT coupe launched in 1964. When Citroen took over Panhard in 1967, the factory was forced to stop making cars but the production of armored cars under the Panhard name still continues.
(text source and more info at Vintage European Automobiles)

Panhard emblem.

Panhard & Levassor PL logo.

Panhard & Levassor PL logo.

Panhard & Levassor sPLs logo.

Panhard & Levassor PL logo.
Dyna Panhard logo (1961).
1961 Panhard Saloon ad.
Panhard emblem.
Panhard sPLs emblem.
1907 Panhard & Levassor. by Joaquim Massana of Petit Comite).
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This history gets a bit inaccurate towrds the end! Citroen took over Panhard in 1955. Car making stopped in 1967 but they continued to make military vehicles. No mention of the Dyna Z range which took over from the Dyna X in 1954 until 1959 when it developed into the PL17. These all had 2-cylinder, 851cc air-cooled engines.