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Peugeot 207 Production Hits One Million In Two YearsBy Oladunjoye Phillip Senior Correspondent, LagosThe motoring public must have been attuned to the dynamics of vehicles from the stable of Peugeot Automobile Company. This is evident from the production level of Peugeot 207, which was launched in 2006. Now the Peugeot 207 has crossed the peak of one million vehicles produced in less than two years after its commercial launch, and had sold in over a hundred countries. The company noted that the Peugeot 207 has achieved major commercial success, which in 2007 enabled it to exceed its worldwide sales objective by more than 20,000 units, to 521,000 vehicles. The vehicle prided itself as the leader of the B segment in Europewith 440,000 vehicles registered in 2007 during its first full sales year. This segment, which represents almost a third of the European markets, was one of the most competitive segments, containing more than 70 models on sale. The company disclosed that in the market of coupÈ cabriolets, the 207 CC followed in the tracks of the 206 CC by also taking the top position of its segment, with almost 45,000 vehicles sold in 2007. For the start of 2008, the Peugeot 207 has continued its launch success and has confirmed this position as the market leader in Europe. "In less than two years, Peugeot has sold the widest model range in the segment, offering a 207 model suited to everyone's needs, thanks to its various body styles and very specific characteristics. From the period April 2006 (the launch date of the three and five-door 207 hatch) and November 2007 for the 207 SW RC and SW Outdoor, the model range has expanded at a steady rate," the company announced.
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