The PSA Group has been openly exploring an entry into the North American market for years – and it seems the time is now. As part of the group’s bold ‘Push to Path’ strategic plan, chairman Carlos Tavares confirmed the firm’s various brands would be expanding into new markets: Peugeot into North America, Citroën to India and Opel to Russia.
The boldest move is that North American one. Peugeot hasn’t been present in the USA since 1991, when it withdrew after 33 years due to dwindling sales. But given PSA and Peugeot’s desire for growth, the market – one of the biggest in the world – represents a huge opportunity.
Clearly, it makes sense for PSA to focus its North American efforts on a single brand, and Peugeot has more heritage there than any other PSA marque. Tavares said: “We believe bringing the brand that three times won the Indianapolis 500 is the right thing to do.”
Three Indy 500 wins is, indeed, a fine achievement, although it’s worth noting the last of those came when Howdy Wilcox triumphed in 1919, the first time the event ran following the First World War. Not exactly a result likely to resonate with current US car buyers.
Resonating with US buyers will be Peugeot’s biggest challenge, especially given the market there is dominated by large SUVs and large pick-ups such as the Ford F-150. It’s a market rapidly moving away from traditional cars, with the likes of Ford deciding to can all of its saloon models. There’s a focus on rugged, no-nonsense, bold vehicles that contrasts sharply with Peugeot’s design-led French flair.
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275not599
Top tip: forget the Indy
Top tip: forget the Indy stuff, it won't resonate. Instead, dip into your bag of brands or come up with a new one, anything's better than Poojoe.
Peter Cavellini
Better ask Donald first.....
would only succeed if Mr Trump agrees....?
Peter Cavellini.
SamVimes1972
Been in New York San Diego,
Been in New York San Diego, Vegas and Phoenix this year and I can see them doing really well on East West and coasts - the CRV, RAV 4 and XTrail/Rogue were in heavy use in Manhattan and I can see the 3008 fitting right in.
Granted they don't have the big SUV and truck presence but Imagine they will be using the US to soak up volume on existing models and not worrying too much about the flyover states.
EdBalls
Only if....
USA wont be fooled!
Moparman
SUVs and Vans
PSA needs to roll out passenger SUVs and commercial vans with the latter based on price especially. With the Big 3 using Euro-based vans now (not sure what GM will do without the Opel van) and Mercedes now establised it makes sense to get delivery vans on-shore quickly. If they can electrify them and go after the emerging "last mile" delivery trend so much the better. The SUVs will sell to those who remember Peugeot from their family members having one or wanting something different than the American offerings but not German. I agree with SamVines1972 that the need to start on the coasts and work their way inland. The tri-state area around New York City, D.C., Atlanta, Florida, California and Seattle are all great starting points. Also, they will need a really good P.R. firm to kick the door open with ads as most of their target buyers think that the 405 is a highway or area code.
SteveNZ
Peugeot USA
Peugeot sell cars in Mexico, Brazil and Argentina with factories in the latter 2 countries so selling in USA and Canada should be easy including 2008 and 3008 models
SteveNZ
Peugeot USA
Peugeot sell cars in Mexico, Brazil and Argentina with factories in the latter 2 countries so selling in USA and Canada should be easy including 2008 and 3008 models
Jeremy
Already there.
Peugeot are already sort of in the USA in a roundabout way. The Sevel van (Peugeot Boxer/Fiat Ducato) is sold as a Dodge Ram via the FCA group dealers.
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