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As experienced by other European volume car makers, Peugeot's U.S. and Canadian sales faltered and finally became uneconomical, as the Peugeot 505 design aged. Several ideas to turn around sales in the United States, such as including the Peugeot 205 in its lineup, were considered but not pursued. In the early nineties, the newly introduced Peugeot 405 proved uncompetitive with domestic and import models in the same market segment, and sold less than 1,000 units. Total sales fell to 4,261 units in 1990 and 2,240 through July, 1991. This caused the company to cease U.S. and Canada operations after 33 years. There are currently no known plans to return to the American market.
As experienced by other European volume car makers, Peugeot's U.S. and Canadian sales faltered and finally became uneconomical, as the Peugeot 505 design aged. Several ideas to turn around sales in the United States, such as including the Peugeot 205 in its lineup, were considered but not pursued. In the early nineties, the newly introduced Peugeot 405 proved uncompetitive with domestic and import models in the same market segment, and sold less than 1,000 units. Total sales fell to 4,261 units in 1990 and 2,240 through July, 1991. This caused the company to cease U.S. and Canada operations after 33 years. There are currently no known plans to return to the American market.