Monday, February 19, 2024

Peugeot Motorcycles

Peugeot Motocycles is a two- and three-wheeler manufacturer that was wholly owned by the Indian Mahindra Group from 2019 to 2022. The company was formed in 1926 under the name Cycles Peugeot when Peugeot's automobile and motorcycle divisions were split into different companies for financial reasons. The company's headquarters and production site is in Mandeure, in the Beaulieu district. Another plant is located in Jinan. The plant in Dannemarie was closed at the end of 2012. On November 10, 2022, the acquisition of 50% of the shares and a controlling majority of 80% in Peugeot Motocycles by the investment company Mutares was announced. At the EICMA motorcycle exhibition in November 2022, a motorcycle was presented for the first time since the 01s. The Peugeot PM-125 with two engine variants, with 300 cc and 292,4 (XNUMX) cc. (Source: Wikipedia)