Market Impact and Replacement
The Peugeot 104 was one of the most successful European small cars of the 1970s but it was starting to show its age against more modern rivals by the turn of the 1980s. When Peugeot launched the stylish all-new 205 in 1983, the 104 was withdrawn from most European markets, including Britain. But it continued in France as a budget choice until production finally ceased in May 1988 after 16 years in which time 1,624,992 Peugeot 104s had been built. 345,849 of these were the short wheelbase Coupé versions.
Read more about this topic: Peugeot 104
Famous quotes containing the words market, impact and/or replacement:
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)
“Conquest is the missionary of valour, and the hard impact of military virtues beats meanness out of the world.”
—Walter Bagehot (1826–1877)
“Not even the visionary or mystical experience ever lasts very long. It is for art to capture that experience, to offer it to, in the case of literature, its readers; to be, for a secular, materialist culture, some sort of replacement for what the love of god offers in the world of faith.”
—Salman Rushdie (b. 1947)