Peugeot originated in France in 1889 when Armand Peugeot was introduced to and inspired by Gottlieb Daimler. Armand created a company known as S.S. des Automobiles Peugeot not long after and by 1903 was producing both cars and motorcycles which were also achieving a fair bit in motorsports by the 1920s, including two wins in Indianapolis.

Like many of the manufacturers at the time, Peugeot had to take a hiatus from making cars for a number of years when the First World War struck in 1914. After the First World War, Peugeot discretely began making cars once again, and got back into the racing events and were competing (and winning) again by 1919. Up until the Second World War Peugeot were very busy, the dropped the cycle company to focus on cars and produced the Peugeot 201 which was named the cheapest car on the French Market in 1929 however the great depression hit Peugeot hard in the 30s, yet they managed to survive and continue making cars such as the 202, the 302 and the 402.

After the Second World War Peugeot began selling its cars in America and had acquired Citroen in the 70s from the French government who also gave Peugeot a reasonable cash incentive. The also took of some of the European factions of the Chrysler company, however they may have bit off more than they could chew as sales began to decline.

Since then Peugeot has continued to make a number of desirable and popular models, such as the Peugeot 206, to make sure it remains relevant and able to compete in the majority of auto related markets across the board. You can find plenty of second hand Peugeot 206 models on classified sites such as Car Site. In 2007 Peugeot was able to compete in 72% of markets segments, but this number is hoped to be pushed up and improved in the near future. Today there are millions of used Peugeot vehicles on the road worldwide and there is a wide range of new models on offer too.