There was a time when Peugeots— mostly 504s but the occasional 404 as well— were quite common in American self-service junkyards. Back in the early 1990s, when I owned a free 504, you could count on finding junkyard parts at every good-sized U-Wrench-It in Northern California, and as recently as the late 2000s I found the occasional 504 and even this 404. Nowadays, though, all you’re going to see is 505s and 405s, from the final years of Peugeot’s North American presence, and they’re sufficiently rare that we’ve seen just this 405 in this series prior to today. However, a few 505s managed to soldier on for a couple decades after Peugeot fled back across the Atlantic (or at least managed to survive in storage for that time), and I found this ’86 in a San Francisco Bay Area wrecking yard earlier this year. (Read More…)
On this day in 1991, Peugeot officially announced its exit from the U.S. market.
The Peugeot 205 GTI is one of the legends of hot hatch history. It took off where the original VW Golf GTI started, with sufficient space and practicality, lots of speed and a reasonable price. And it was even more fun to drive. With about 120 horsepower and weighing under a ton, it was quite quick for 1980s, and its tail-happy attitude gave it the reputation of a challenging car to drive. Its fondness of going through the hedges backwards may helped its popularity – people like to think that they are better drivers than others, and driving a car notorious for unforgiving handling can thus be a great ego booster.
PSA will consolidate their small car production at a factory in Slovakia, as the struggling auto maker looks to cut labor costs and increase margins on small cars.
PSA and Mitsubishi may discontinue their electric vehicle partnership in the next 12 months, according to PSA CEO Carlos Tavares.
The Chinese will be the first to lay eyes on Peugeot’s beautiful new concept car, the Exalt, at the Beijing Auto Show that starts later in the month. Along with great artistic touches inside and out, it’s also a hybrid that can run on gasoline, pure electricity or both. The Exalt is a sedan that anticipates Peugeot’s take on the sedan as a coupe -and it’s another example of a dying brand throwing a “hail mary” pass in the form of an attractive concept car.
Weeks prior to the historic deal reached between Iran and the “P5+1″ group of nations, TTAC reported on some of the machinations going on behind the scenes regarded the United States, France and their respective auto industries ability to do business in Iran. We put forth the theory that any deal with Iran would be a boon to auto manufacturers, who would have access to a market expected to be worth 1.5 million units in a few short years, with a very young population and a standard of living that is substantially better than many highly touted emerging markets.
At the time of publication, we encountered significant dismissal, if not disagreement. But as it turned out, negotiations had been ongoing since the start of 2013, and the preliminary deal appears to make the auto industry a big winner.
An obscure story in the Azerbaijani press this past summer may be the tip of a much larger iceberg involving General Motors, PSA Peugeot Citroen and the Western World’s current bete noir: the Iranian regime currently embroiled at the heart of a controversial nuclear program, which is subject to economic sanctions by the United States government, including those that specifically target Iran’s automotive industry.
Citing reports from Iran’s Mehr news agency, an Azerbaijani news outlet reported that an unspecified number of brand new Chevrolet Camaro RS 2LT convertibles were imported by a division of Iranian conglomerate Iran Khodro. According to the report, the Camaros were sent from Miami to Paris, and then from Paris to Tehran via a Qatar Airways plane. The report also states that US Customs and Border Patrol documents list the final destination as the Aras Free Trade and Industrial Zone.
Emerging markets have been a big theme at TTAC for the past few years, with our coverage going beyond the cursory articles on automotive developments in the BRIC countries. Our articles on places like North Africa and Indonesia aren’t always the most popular, but we keep an eye on them for a very important reason. These countries are the final frontier for growth in the automotive sector.