Factory and Production Changes
In 1974, Cycles Peugeot acquired the factory of Romilly-sur-Seine, which was converted to produce bicycles. In 1978, ProCycle of Canada signed an agreement to manufacture and distribute Peugeots in Canada, while French-built Peugeots continued to be sold in the USA.
During the bicycle sales 'boom' of 1972-75, Peugeot sales increased dramatically. Aided by the racing heritage of the brand, demand for low- and mid-level Peugeot sport/touring or "ten speed" bicycles surged, particularly in the United States, and frequently exceeded supply. The aging Peugeot factory had difficulty supplying sufficient bicycles, and quality control occasionally suffered. Peugeot's reliance on French part suppliers began to impact sales after it became clear that Japanese firms were able to supply derailleurs and other components using more advanced designs and superior quality. By the mid-1980s, Peugeot bicycles had begun utilizing Japanese derailleurs on some of their lower end models.
By 1983, ProCycle was exporting Canadian-made Peugeots to the U.S.
In 1987, Cycles Peugeot merged with AOP (Acier et Outillages Peugeot) to form ECIA (Equipment et Composants pour I'Industrie Automobile), and the Romilly factory began producing all Peugeot bicycles. That same year, ProCycle of Canada acquired rights to distribute French-made Peugeots. In 1990, Cycles Peugeot sold the North American rights to market bicycles under the Peugeot name to the Canadian firm ProCycle.
In 2001, ProCycle discontinued the Peugeot bicycle brand. In Europe, the license to produce Peugeot-branded bicycles was sold to Cycleurope, a company making bicycles under different names, on condition that it would be reconsidered in 2004. That licence was later withdrawn for Europe, though production of bicycles for export continued for another year.
Read more about this topic: Peugeot (bicycles)
Famous quotes containing the words factory and/or production:
“The factory was very fine;
He wished it all the modern speed.
Yet, after all, twas not divine,
That is to say, twas not a church.”
—Robert Frost (18741963)
“The society based on production is only productive, not creative.”
—Albert Camus (19131960)