Peugeot

Stellantis owns the Peugeot vehicle brand in France. The family firm that preceded the present Peugeot enterprises was formed in 1810, with a steel foundry that quickly expanded into the production of hand tools, kitchen equipment, and, later, bicycles. Émile Peugeot registered for the lion trademark on November 20, 1858. In 1889, Armand Peugeot collaborated with Léon Serpollet to build the company's first automobile steam tricycle, which was followed in 1890 by an internal combustion vehicle powered by a Panhard-Daimler engine.

Peugeot, one of the most well-known automobile manufacturers, has a lengthy history in France and Europe. Since the mid-nineteenth century, the brand has progressively evolved to become one of the top European automobile firms with global renown. Peugeot, a cornerstone of the French economy, manufactures slightly less than 1 million automobiles each year and employs 83 000 people in collaboration with Citroen.

However, this French auto behemoth understands the restrictions and problems of a capitalist economy, particularly in times of economic crisis. As a result, after starting to build automobiles throughout the rest of Europe, it has transferred some of its manufacturing locations to Russia, Latin America, and China. Peugeot experienced higher sales results in the second quarter of 2014, with deliveries totaling around 725 000 units globally. This is wonderful news for the brand, which is starting to gain popularity among Chinese and Russian consumers.

Detailed information:
Years: 1882 – Present
Headquarters: Sochaux, France
Founder/Parent Company: PSA Peugeot Citroën
Website: http://www.peugeot.com/

Popular Product: Peugeot 5008