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Peugeot The history of
The Peugeot family of Valentigney, Montbéliard, Franche-Comté, France, began in the manufacturing business in the 19th century. Armand Peugeot introduced his "Le Grand Bi" penny-farthing in 1882, along with a range of other bicycles. The car company and bike company parted ways in 1926 but Peugeot bicycles continued to be built until very recently. Armand Peugeot showcased the first Peugeot-branded automotive vehicle at the World Fair in Paris: a steam-driven 3-wheeler. In 1896, the first Peugeot engines were built; no longer were they reliant on Daimler. At the 1901 Paris Salon, Peugeot debuted a tiny shaft-driven 652 cc (40 cu in) 5 hp (3.7 kW) one-cylinder, dubbed "Bébé" ("baby"). The 1907 salon showed Peugeot's first six-cylinder, and marked Tony Huber joining as engine builder. Soon after the timely introduction of the Peugeot 201 In 1934, Peugeot introduced the 206 and the 402 BL Éclipse Décapotable, the first convertible with a retractable hardtop. Three models of the 1930s were the Peugeot 202, Peugeot 302, and Peugeot 402. In 1947, Peugeot introduced the Peugeot 203, with hydraulic brakes. The company began selling cars in the United States in 1958, and in 1960 introduced the Peugeot 404, which used a 1,618 cc (99 cu in) engine, tilted 45°. In 1974, Peugeot bought a 30% share of Citroën, and took it over completely in 1975 after the French government gave large sums of money to the new company. The 405 saloon was launched in 1987 to compete with the likes of the Ford Sierra, and was voted European Car of the Year.The 309 was the first Peugeot-badged hatchback of its size, and sold well across Europe. The 405 saloon was launched in 1987 to compete with the likes of the Ford Sierra, and was voted European Car of the Year. In 1983 205 rolled out, lifesaving success for Peugeot. It becomes double world rally champion and wins two Paris-Dakar races. In 1997 launched the Pininfarina 406 coupé with diesel engine. In 2000’s Peugeot was a long way from its ambitious target still planed on developing new models to compete in segments where it currently does not compete and naturally planned on pursuing new markets In February 2014, the Peugeot family agreed to give up control of the company by reducing its holdings from 25% to 14%. As part of this agreement, Dongfeng Motors and the French government were each to buy 14% stakes in the company, creating three partners with equal voting rights (Dongfeng Peugeot-Citroën). In January 2015, Indian multinational automotive giant Mahindra & Mahindra purchased a major stake of 51% of Peugeot Motocycles. Among the technological innovations exceedthe PEUGEOT i-Cockpit®, PureTech petrol engines, BlueHDi diesel engines and the HYbrid4 Technology. Peugeot has several concept cars e.g. TRAVELLER i-LAB, FRACTAL, QUARTZ, FOODTRUCK, EXALT and 308 R Hybrid.