The name "Oltcit" comes from the region of Oltenia in Romania, with "cit" being an abbreviation of Citroën. The Oltcit logo is also similar to the Citroën one, but features only one chevron, as opposed to the two found on Citroën's logo, plus the letter "O".

Oltcit S.A. was an automobile manufacturer, established as a joint venture between the Romanian government (64%) and Citroën (36%). Their main product was the Oltcit Club / Citroën Axel hatchback, assembled in Craiova, Romania.