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Car valuations Car review for Peugeot
Car valuations Car review for Peugeot
Peugeot |
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Peugeot is a major French car brand, part of PSA Peugeot Citroën. Peugeot's roots go back to bicycle manufacturing at the end of the 19th century. Its headquarters are located in Paris, avenue de la Grande Armee.
As experienced by other European volume car makers, US sales faltered and finally became uneconomic, as the Peugeot 505 design aged. The newly introduced Peugeot 405 proved uncompetitive with models from Japan, and sold less than 1,000 units. Total sales fell to 4,261 units in 1990 and 2,240 through July, 1991. This caused the company to cease US operations after 33 years.
