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Concept
Peugeot
Summary
Peugeot (UKˈpɜːʒəʊ, p(j)uːˈʒoʊ, pøʒo) is a French brand of automobiles owned by Stellantis.
The family business that preceded the current Peugeot companies was founded in 1810, with a steel foundry that soon started making hand tools and kitchen equipment, and then bicycles. On 20 November 1858, Émile Peugeot applied for the lion trademark. Armand Peugeot (1849–1915) built the company's first car steam tricycle. They joined forces with Léon Serpollet in 1886; this was followed in 1890 by an internal combustion car with a Panhard-Daimler engine.
The Peugeot company and family are originally from Sochaux. Peugeot retains a large manufacturing plant and Peugeot museum there. In February 2014, the shareholders agreed to a recapitalisation plan for the PSA Group, in which Dongfeng Motors and the French government each bought a 14% stake in the company.
Peugeot has received many international awards for its vehicles, including six European Car of the Year awards.
Peugeot has been involved successfully in motorsport for more than a century, including victories at the Indianapolis 500 in 1913, 1916, and 1919. Peugeot Sport won the World Rally Championship five times (1985, 1986, 2000, 2001, 2002), the Dakar Rally seven times (1987, 1988, 1989, 1990, 2016, 2017, 2018), the 24 Hours of Le Mans three times (1992, 1993, 2009), the World Endurance Championship twice (1992, 1993), the Intercontinental Rally Challenge Championship three times, the Intercontinental Le Mans Cup twice (2010, 2011) and the Pikes Peak International Hill Climb three times (1988, 1989, 2013).
The Peugeot family of Valentigney, Montbéliard, Franche-Comté, France began in the manufacturing business in 1810 with a steel foundry, which quickly started manufacturing saws; then other hand tools and, circa 1840 to 1842, coffee grinders; then, in 1874, pepper grinders; and then, circa 1880, bicycles. The company's entry into the vehicle market was by means of crinoline dresses, which used steel rods, leading to umbrella frames, chisels, wire wheels, and bicycles.
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