Peugeot Motocycles
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Peugeot Motocycles
Peugeot is a French manufacturer of scooters and small motorcycles. History Peugeot built their first motorcycle in 1898 with a De Dion-Bouton engine mounted on the rear wheel. This model was shown at the 1898 Paris Exhibition but was not put into production. Peugeot did produce a tricycle in 1898 although most of the machine was actually manufactured by De Dion-Bouton. In 1900 Peugeot started to manufacture quadricycles but these fell out of favor and ceased to be produced by 1903. In 1901, spurred on by the success of the French built Werner Brothers and Company Motobicyclette, Peugeot produced their own motorcycle using a Swiss made Zürcher and Lüthi (ZL) engine. The Peugeot 500 M, a dual overhead camshaft model appeared in 1914, the first of this type. In 1930, Peugeot absorbed Automoto which had been a pioneer in the field of motorcycles and scooters. Peugeot was the leading French motorcycle manufacturer until the 1950s producing many models. In October 2014, Mahindr ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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