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Further Content: You might find this interesting as well. Learn more about how Statista can support your business. February 18, Four years later Armand produced the first Peugeot automobile, a steam-powered three-wheeler Get a new mixed Fun Trivia quiz each day in your email.
It's a fun way to start your day! What would the answer have been for France, Germany or Italy? How is Peugeot properly pronounced, "pew-joe" or "per-joe"? What percentage of drivers in Europe drive standard transmission cars as opposed to automatic transmission cars? Because of the heaviness of the steam-power engine, warming up the car was a long process. The company had to take a break from manufacturing cars when World War I rolled around. It was then that Peugeot started producing military vehicles.
In fact, Peugeot was one of the main manufacturers of arms, bicycles, military tanks and shells. Once World War I ended, they got back to making cars. The company introduced the small electric vehicle, known as the VLV, in to help solve fuel restrictions. But the manufacture of these cars stopped because of World War II. A few years after the war, the Peugeot came on the market, setting new records in sales. The also won the East African Safari Rally four times between and This was after the French government gave large sums of money to the Company.
Citroen was in financial trouble because it developed too many models for its financial resources, such as the Citroen SM.
PSA became a joint parent company to keep the Peugeot and Citroen identities but also while sharing resources. Peugeot also around this time briefly controlled Maserati , but they disposed of it in In , Peugeot took over the European division of Chrysler and the whole range was sold under the revived Talbot badge. However, Talbot branded passenger cars were later shelved in The was launched in which was a supermini that was a huge success.
It was often the bestselling car in France and was hugely popular in other areas of Europe, including the UK. Sales in Britain regularly topped 50, a year in the s. It remained on sale in many places until even when the was introduced. It ceased production in with the launch of the , which was also hugely popular. The Peugeot was launched in and was to compete with the Ford Sierra. It was successful, and was voted European Car of the Year.
The was a saloon and about 2. This resulted in a loss of 2, jobs as well as 5, jobs along the supply chain. It closed its doors in January after finishing production on the Peugeot in December.
Peugeot started to pursue new markets with a focus on China, Russia and South America. They re-entered the Indian market after 14 years with a new factory in Gujarat. However, General Motors sold their stake in Peugeot in In , there were rumours that Chinese investors were rumoured to invest in the company.
This gave three partners equal voting rights. In , Dongfeng Peugeot-Citroen announced they were building a fourth factory in China, aiming to produce SUVs and multipurpose vehicles.
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