Who is the owner of peugeot

In , Peugeot introduced the Peugeot , with coil springs, rack-and-pinion steering, and hydraulic brakes. The set new Peugeot sales records, remaining in production until Peugeot would take over Chenard-Walcker in , having already been required to acquire a controlling interest in Hotchkiss in A popular model introduced in was the Peugeot With a 1.

The proved rugged enough to win the East African Safari Rally, in four of the six years between and Like many European manufacturers, collaboration with other firms increased; Peugeot worked with Renault from and Volvo from Several Peugeot models were assembled in Australia, commencing with the in These were followed by , and models with Australian assembly ending with the in the early s.

Peugeot thus briefly controlled the racing name Maserati, but disposed of it in May The group then took over the European division of Chrysler which were formerly Rootes and Simca , in as the American auto manufacturer struggled to survive. What was to be called the Talbot Arizona became the , with the former Rootes plant in Ryton and Simca plant in Poissy being turned over for Peugeot assembly. Producing Peugeots in Ryton was significant, as it signaled the very first time Peugeots would be built in Britain.

The Talbot name survived for a little longer on commercial vehicles until before being shelved completely. For a time, distribution in the Canadian market was handled by Chrysler. Several ideas to turn around sales in the United States, such as including the Peugeot in its lineup, were considered but not pursued.

In the early nineties, the newly introduced Peugeot proved uncompetitive with domestic and import models in the same market segment, and sold less than 1, units.

Total sales fell to 4, units in and 2, through July , which caused the company to cease U. There are currently no known plans to return to the U. Peugeot models —present cannot be bought or imported into the U. This announcement resulted in the loss of 2, jobs as well as about 5, jobs in the supply chain. The plant produced its last Peugeot on 12 December , and finally closed down in January Peugeot is a long way off from its ambitious target of selling 4 million units annually by the end of the decade.

In its sales stayed below the 2 million mark. In , Peugeot returned to the Canadian market with the scooter brand only. Peugeot still plans on developing new models to compete in segments where it currently does not compete. It is also pursuing government funding to develop a diesel-hybrid drivetrain, which might be key to its expansion. By Peugeot planned on pursuing new markets, mainly in China, Russia and South America and in decided to re-enter the Indian market after 14 years with a new factory at Sanand, Gujarat, India.

Peugeot re-entered the Philippine market in after having a short presence in with distribution done by the Alvarez Group. In December , GM sold its entire Peugeot stake, taking a loss of about 70 million euros.

In October , Peugeot closed their production plant at Aulnay-sous-Bois as part of a restructuring plan to reduce overcapacity in the face of a shrinking domestic market.

By December , Chinese investors were rumored to be potential investors. The board of directors was to be composed of 6 independent members, 2 representatives of each Dongfeng, the French State and the Peugeot family, and 2 members representing employees and employees shareholders. The French government took the view the deal did not require approval by Brussels as EU competition rules do not count public investment in a company on the same terms as a private investor as state aid.

The equity participation by Dongfeng expanded an already-budding relationship with Peugeot. The pair at the time were jointly operating 3 car-manufacturing plants in China, with a capacity of producing , vehicles a year. Audi history, profile and history video Audi has been majority owned by Volkswagen for more than 40 years.

The Audi brand produced 1. Audi announced plans in to build The company operates its business through the following segments BYD Co. The company also manufactures and sells automobiles and related pro Added by chcom. Peugeot Sochaux production units : 43, 33, 28, Soon after the timely introduction of the Peugeot theGreat Depression hit all the French auto-makers: Peugeot sales slumped but the company survived.

Show more Show less. Audi chcom 8 years ago 0 Views 0 Likes Audi history, profile and history video Audi has been majority owned by Volkswagen for more than 40 years. Audi Added by chcom 0 Views 0 Likes. Chevrolet Added by chcom 0 Views 0 Likes. Building partnerships with other industry specialists is something PEUGEOT has continued to do over the years, leading to collaborations with the likes of Ford and BMW, and the development of some unique engines.

The PSA Groupe are now one of the top ten largest automotive manufacturers in the world based on unit sales. The proved to be a roaring success and was the catalyst for the first PEUGEOT range, with the launching in , and the and in This numbering tradition still continues today, with the range of new PEUGEOTs including several descendants of the — the , the and the Both of these models featured a retractable metal roof designed by automobile designer and hero of the French resistance, Georges Paulin.

In , Citroen first created DS which was seen as a premium sub brand. DS was abbreviated from Different Spirit or Distinctive Series that would run alongside its mainstream cars. Since and since in China , the Citroen branding was dropped from the DS line models and DS has continued as a standalone brand.

This record number of victories remains unbeaten to this day. PEUGEOT still puts bicycles at the heart of its plans for environmentally-friendly travel, and while bikes such as the electrically-assisted E-bike and the new, urban Allure may take inspiration from the past, they most definitely represent the future.

By , the world had realised the extent of the environmental problems facing us and that the car industry needed to be making huge step changes.