Peugeot is a French automobile manufacturer that was established in 1882 by the Peugeot family. The company has its administrative headquarters at Paris. Jean-Pierre Peugeot, considered the Father of Peugeot, was an innovator who started the business as a manufacturer of coffee-grinders, steel-rods for crinoline dresses, umbrella frames and bicycles. The first Peugeot automobile, released in 1889, was a steam-powered three-wheeler. The following year saw the company introduce its first four-wheeler that was powered by a Daimler engine. During the First World War, the company turned largely to arms manufacturing. Following the war, the company returned to producing cars. The Peugeot 201, a 4-door saloon, was released in 1929 and is considered to be the brand's first volume model. The 402, a large family car, was released in 1935. The cabriolet version of the 402, named the 402 Eclipse Décapotable, was the first car to feature a retractable hardtop.
After the Second World War, the company resumed production, introducing the 203 in 1947. The 203 was the company's first unibody car and featured coil springs, a rack-and-pinion steering unit and hydraulic brakes. In 1960, Peugeot released the 404, a large family car which was later equipped with the first direct-injection engine in 1961. The 504, released in 1968, was the brand's flagship model. In 1975, Peugeot took over Citroen to form the Peugeot Société Anonyme (PSA). In the same year, the company unveiled the executive car, the 604 at the Geneva Motor Show. 1983 saw the release of the 203, a supermini that is credited with turning the company's fortunes around. The 203 won CAR Magazine's "Car of the Decade" award in 1990. However, in the early '90s, the company's sales dropped drastically, and in 1991, the company ceased production in the United States and Canada. The 504, 505 and 206 are some of the other popular models of this brand.
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