Peugeot is a Frenchscooters and small motorcycles manufacturer. The company operates as a subsidiary of Indian manufacturer Mahindra that owns 100% of Peugeot since 2019.
History
Peugeot built their first motorcycle in 1898 with a De Dion-Bouton engine mounted on the rear wheel. This model was shown at the 1898 Paris Exhibition but was not put into production. Peugeot did produce a tricycle in 1898 although most of the machine was actually manufactured by De Dion-Bouton. In 1900 Peugeot started to manufacture quadricycles but these fell out of favor and ceased to be produced by 1903. In 1901, spurred on by the success of the French built Werner Brothers and Company Motobicyclette, Peugeot produced their own motorcycle using a Swiss made Zürcher and Lüthi engine. The Peugeot 500 M, a dual overhead camshaft model appeared in 1914, the first of this type. In 1930, Peugeot absorbed Automoto which had been a pioneer in the field of motorcycles and scooters. Peugeot was the leading French motorcycle manufacturer until the 1950s producing many models. In October 2014, Mahindra and Mahindra acquired a 51% controlling stake in the company. PSA Group kept 49% stake in the company as well as the use of its brand image. Peugeot currently produces scooters and 3-wheelers with engines ranging from 50 to 500cc. It operates 2 production sites at Mandeure, France and Jinan, China. Peugeot scooters are sold in 60 countries. M&M subsequently acquired a 100% stake in 2019.
A Peugeot-engined Norton motorcycle ridden by Rem Fowler won the twin-cylinder class of the inaugural 1907 Isle of Man TT races. Peugeot returned to top-level motorcycle racing in 2016 via a Moto3 project in collaboration with parent company Mahindra. In 2016 Peugeot MC Saxoprint fielded two Mahindra-based Peugeot MGP3Os for John McPhee and Alexis Masbou. Albert Arenas joined the team for the 2nd half of the season as a replacement for Masbou. McPhee took his, and Peugeot's, first Grand Prix win in wet conditions at Brno. In Australia, McPhee crashed while running in third place and was run over by Andrea Migno who was running right behind him. The race was red flagged and McPhee was taken to hospital where he was diagnosed with concussion, a broken thumb and a punctured lung. The injuries meant McPhee missed the final 2 races of the season. In 2017Patrik Pulkkinen and Jakub Kornfeil rode for the team. At the end of the 2017 season both Peugeot and Mahindra withdrew from motorcycle grand prix. The decision to withdraw was made so that the Mahindra Group could increase its focus on the FIA Formula E Championship