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I was sent this video on the French Peugeot e-Legend electric concept car, which was introduced in 2018 for a company then celebrating half a century of existence:
Of course, concept cars are just that, they represent the future, many times unrealistically. In 2019 Peugot announced that they would not mass produce this vehicle because the assembly line start-up would cost $300 million, and they would need to sell the car at $95,000, even if they rolled-off 20,000 cars.
Peugeot goes back even further to 1889, and their history includes taking over Citroen and Chrysler Europe, assisted by the French government, and a later dalliance with General Motors. The company is now jointly owned by Dongfeng Motor Corporation of China and is in merger within Stellantis, which is now operator of 14 different brands, including Chrysler, Fiat, Jeep, Ram, Alfa Romeo, Maserati, Open, Vauxhaul, and Citroen, with headquarters in Amsterdam. Peugeot is scheduled to return to America in 2026.
Heck, if I came this far into automobiles, did you know that world car sales peaked in 2017 with 68.3 million sold, 35% in China. Interesting that in 2017 17 million new and 39 million USED cars were sold in the U.S. Last year was unusual, but it was a free-fall to 56 million sales, with again, 35% in China.
- Between 1908 and 1927, 16.5 million Ford Model T's were sold.
- Was said to be the best selling automobile for 40 years.
- In 1940, 90% of all cars were Fords.
- The Ford F-series trucks arrived in 1948 and for the past few decades have been their annual best seller, now in the range of 45 million sold world-wide.
- In 1972 Volkswagen overtook Ford with its Beetle. Inspired by Hitler, and beginning in 1938, 23.5 million Volkswagen Beetles were sold until discontinued in 2019.
- Since 1936 Toyota has sold more than 300 million vehicles.
- The Toyota Corolla came in 1966 and outsold the Beetle from the late 1990's.
- Still selling it, and the total is now approaching 55 million as the most sold car model in history.
- The Russian Lada produced by AvtoVAZ deserves mention, for over 20 million units were sold WITHOUT ANY MAJOR DESIGN CHANGE from 1970 to 2012.
- Toyota regained world leadership in 2020, beating out Volkswagen:
- #3 Daimler (produces Mercedes, Smart and others)
- #4 Honda
- #5 Ford
- #6 General Motors
- #7 BMW
- #8 SAIC (Shanghai Automotive Industry Corporation)
- #9 Hyundai
- #10 Nissan
Costs around $65/day. Then again, their new $3 billion terminal has not yet been completed, now four years overdue.
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