The family business that precedes the current Peugeot company was founded in 1810. On 20 November 1858, Emile Peugeot applied for the lion trademark. The company produced its first automobile in 1891. Due to family discord, Armand Peugeot in 1896 founded the Société des Automobiles Peugeot.
Peugeot's roots go back to 19th-century coffee mill and bicycle manufacturing. The Peugeot company and family is originally from Sochaux, France. Peugeot retains a large manufacturing plant and Peugeot Museum there. It also sponsors the Sochaux football club, founded in 1928 by a member of the Peugeot family.
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Peugeot’s retail customers appear to be making more considered, cost-based, ‘green’ decisions, according to its latest Quarter 1 sales.
Sales of the popular 107 increased by 16% to 3,485 units from January to March with Peugeot’s smallest car proving to be a cost effective motoring option for the savvy green buyer, with its Band B 109gCO2/km low-emissions grouping.
New car buyers are generally becoming even more environmentally aware. Peugeot customers appear to be focussing on rising fuel costs in particular, as sales of diesel models rose by 2.2% compared to Q1 last year.
A preference for diesel among corporate drivers also helped increase Peugeot fleet sales by 2.9% in Q1 compared with the same period in 2007, which was due to the expanding range availability of the new 308. Combined 307 and 308 sales rose 11.5% to 6,803.
UK motorists are set for an injection of new Peugeot vehicles in the coming months, with the soon to be launched 308 GT THP 175, while the capacious 308 SW variant will extend the range further, with the possibility of seven-seats and its appealing Cielo panoramic glass roof feature, joining the range in June.
Despite a faltering economy, business buyers are still buying new vans. Across the board, Peugeot sales were up 4.1% to 4,744 units in Q1. The award-winning Peugeot Expert performed particularly well with a 7% sales increase over 2007.
Commenting, Pierre Louis Colin, Managing Director of Peugeot UK, said: “We are pleased with the performance of our small and efficient vehicles, which address the growing needs of our customers. Indeed we now have some 25 new cars, including 107, 206, 207 and 308 models, that fall within Band B for cars emitting 120gCO2/km or less. These customers will also benefit from low £35 VED (road tax) and because of that we fully expect more customers to respond by buying a new Peugeot as the year goes on.”
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