Peugeot

Peugeot is a major French car brand, part of PSA Peugeot Citroën. Peugeot's roots go back to bicycle manufacturing at the end of the 19th century. Its headquarters are in Paris, Avenue de la Grande Armée. Although the Peugeot factory had been in the manufacturing business for some time, their entry into the world of wheeled vehicles was by means of the bicycle. Armand Peugeot (1849-1915) (educated at the Ecole Centrale Paris) introduced the Peugeot "Le Grand Bi" penny-farthing in 1882 and a range of bicycles. Peugeot bicycles have been built until very recently, although the car company and bike company parted ways in 1926. Armand Peugeot became very interested in the automobile early on, and after meeting with Gottlieb Daimler and others was convinced of its viability. The first Peugeot automobile (a three-wheeled steam-powered car) was produced in 1889, in collaboration with Léon Serpollet. Steam power was heavy and bulky and required lengthy preparation before running, so it was soon abandoned in favour of the petrol-fueled internal combustion engine.