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The 505 was one of the most iconic models sold by Peugeot in the United States.
(Getty Images)
Peugeot returns to the United States, but do not make a reservation at the bistro to celebrate it right away.
Carlos Tavares, CEO of PSA Group, parent company of Peugeot, has confirmed its intention to reintroduce the brand in the United States and Canada at the publication of the annual report Tuesday, where it sold its cars for the last time in 1991. Tavares has overseen Nissan's operations in North America and South America from 2009. until 2011.
However, Bloomberg says imports of vehicles from France or China are not expected to start until 2026. The automaker currently sells cars in Mexico and in more than 20 markets in the Western Hemisphere and operates an application of Carpool called Free2move in Washington, which offers offers from a variety of services including Uber, Car2Go and Lime.
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"We are taking a pragmatic approach to entering the North American market and are confident that from the broader revolution of" mobility services "currently underway to more fundamental models of retail, service, financing and logistics We will continue to build our plan on cautious and scalable solutions, "said Larry Dominique, US President of the company.
The 405 was the latest new model introduced by Peugeot in the United States.
(Getty Images)
Peugeot's latest offerings in the United States were the 505 and 405, but it sold less than 5,000 in 1990, before informing its dealers in August of its departure from the market.
(The Peugeot 3008 is one of the most popular models of the company.)
Today, the company sells a full line of cars, commercial vehicles and vans worldwide and will introduce an all-electric model this summer.
The PSA Group also announced plans to enter the Indian market with its cheaper Citroën brand and start selling cars to Opel, which it had bought from General Motors in 2017.
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