Re: Re: Peugeot's standing "dans le monde entier"

From: Bernard Kaye (eviebob@earthlink.net)
Date: Fri 05 Jan 2001 - 21:40:43 UTC

  • Next message: phughes@yankeegroup.com: "Re: Re: License Plate Census"

    Hi Steve, Drive a 79 2.8 liter 604. You are in for a pleasant surprise if the car is well maintained and safe, 5 speed or auto. Yes, Mercedes was impressed. Do not know about BMW. Regards, Bernie

    ------Original
    From: Steve Leung <firepiston@juno.com>
    To: jacomb2@attglobal.net
    Sent: January 5, 2001 1:54:00 PM GMT
    Subject: Re: Re: Peugeot's standing "dans le monde entier"

    The gas 604 is very nice. Lot's more power than the TD version and
    quiet. I have a mint 79 604 V6 SL with 42k. It is a sweet car!

    Steve

    On Thu, 4 Jan 2001 23:03:44 -0700 <jacomb2@attglobal.net> writes:
    >Hi, Bernie!
    >
    >Did BMW & Mercedes really feel the 604 line as "competition". I'd
    >like to
    >drive the gas 2.8 6-cyl 604 sometime. Are they nice?
    >
    >Jim Combs
    >504/604
    >-----
    >From: "Bernard Kaye" <eviebob@earthlink.net>
    >To: <Peugeot-L@egroups.com>
    >Sent: Thursday, January 04, 2001 11:06 AM
    >Subject: RE: [Peugeot-L] Re: Peugeot's standing "dans le monde
    >entier"
    >
    >
    >> Mike, Having a degree in economics, I agree with you that sometimes
    >it
    >gets theorized to death of common sense. Also, that Peugeot tends to
    >take
    >flight and not stay and fight when the going gets tough. The tough
    >get
    >going, Peugeot goes away. Example, when the second 604 that was
    >exported to
    >North America, enlarged to 2.8 liters with wonderful torque curve and
    >great
    >5-speed spacing (1979) to handle a/c (and three speed GM automatic)
    >was
    >rated at 12mpg city, (about 18-20 highway) Peugeot objected, fussed
    >and
    >withdrew the 604 gas, leaving only the Diesel. Perhaps other makers
    >would
    >have gone to fuel injection and more mpg as originally planned for the
    >604
    >and then used for the 505-V6. Or touted the wonderful drive,
    >acceleration,
    >and feel that comes from a powerful drive train that by necessity
    >requires
    >more fuel. Peugeot just quit, which may have been prudent for the
    >then
    >present but was not prudent for their future here. Their action was
    >against
    >interest because as good as the 505 was in certain respects, it was
    >no
    >Mercedes-BMW fighter in medium-full size cars as Mercedes thought the
    >604
    >was. By the way, the 12mpg city and 18-20mpg (memory) highway was
    >accurate
    >though at a steady 50-55, I could get 22mpg. Regards, Bernie
    >>
    >>
    >> From: [Unknown Sender]
    >> To: peugeot-L@egroups.com
    >> Sent: January 4, 2001 5:19:33 AM GMT
    >> Subject: [Peugeot-L] Re: Peugeot's standing "dans le monde entier"
    >>
    >>
    >> I tend to agree with Bernie's summation, although Brian does have
    >> some good points.
    >>
    >> However, most of the criteria Brian sets forth are very reminiscent
    >> of an economist's take on what's really important. I am an
    >> enthusiast first, although I am also conversant with economics.
    >>
    >> Please remember, above all, that economic criteria such as share
    >> value, ROI, output and reputation within the industry are by
    >> definition short-term, relatively epehemeral measures of worth.
    >> Economics has many failings, among which are its inability to
    >> effectively plan for even the meduim-term future. To illustrate
    >this
    >> point, consider the matter of discounting. Future revenues are
    >> discounted by, say 8%-10% per year in terms of their "present
    >value",
    >> to the point where, after 7 or 9 years, the future becomes
    >completely
    >> irrelevant to economists. That is, a revenue 8 years in the future
    >> has no present value (worth today). Of course this is a nonsense,
    >> but it is one of the main principles of classical economics.
    >> This "dismal science" is largely responsible for many of the
    >world's
    >> problems; I wouldn't consider it, on its own, to be a sound
    >> foundation for predicting the long-term future of any enterprise.
    >>
    >> So, what is lacking in Brian's list is more of the things that I
    >> value, related more to car ownership and enjoyment than pedagogical
    >> abstractions or investment counselling:
    >>
    >> -bulletproof reliability (see Toyota and others)
    >> -excellence in chassis design (PSA's been slipping here of late)
    >> -very good build quality (could be better)
    >> -superb ride (formerly a Peugeot hallmark)
    >> -very tough, super-robust drivetrains (not really possible with
    >FWD)
    >> -design flair, beauty (a mixed bag, ranging from the 406C to the
    >106)
    >> -"je ne sais quoi", the intangible benefit of owning a particular
    >car
    >>
    >> Then there are some other management issues, among which are:
    >>
    >> -aggressive management (not really, but it can get you into
    >trouble)
    >> -no fear of tough competition (they SHOULD be in USA, NOW!!!)
    >> -positive attitude towards customers (it's not in the French
    >psyche)
    >> -good understanding of marketing (a mixed bag here)
    >> -serious long-term committments to each market (I can dream can't
    >I?)
    >>
    >> The reason that Peugeot cannot be a "world player" until they have
    >> more than a token presence here is that the US market is without a
    >> doubt the world's most competitive. I think Peugeot is literally
    >> scared to death about all the US consumer protection laws, class
    >> action lawsuits, warranty insurance costs, etc, and scared by the
    >> abilities of their potential competition over here. This is,
    >without
    >> a doubt, the reason the US 605 was axed - they would have been in
    >an
    >> Audi 5000 situation with that car and it would have wounded them
    >> badly. Although there is some evidence that their recent models
    >have
    >> improved, they are still average at best. This is not enough, they
    >> have to strive to be better. Selling cars here would help in that
    >> process, although getting there will be painful.
    >>
    >> Their current aggressive expansion is aimed at the Third World.
    >Yes,
    >> those markets are growing. But they are immature, and subject to
    >> more volatility. Also, the "consumers" (formerly known
    >> as "citizens", or "people") in these countries are not very
    >> demanding, to be quite frank. If PSA is successful in this, and
    >> these countries become PSA's main export market, don't you think
    >> their customers in Europe might wonder in ten years' time why they
    >> won't (or can't) sell a car in the USA, where customers are the
    >most
    >> demanding in the world? What would Peugeot's marketing slogan
    >> be? "Buy a Peugeot, the official car of the Third World"?
    >>
    >> Participation in the US market sharpens competitive skills, demands
    >> very high engineering and management skills and prepares companies
    >> for any challenges elsewhere in the world. I've got to hand it to
    >US
    >> people, they don't take shitty or even average products lying down.
    >> Western Europe is far behind here: Scandinavia and Germany are the
    >EU
    >> areas with the most advanced consumer laws/civil movements, and the
    >> German Gov't still won't allow companies to offer standard
    >warranties
    >> exceeding 3 years (most are 1 year, 20,000 km!!), as it would be
    >> an "unfair competitive advantage". BMWs and Mercedes have one year
    >> warranties in their home markets; welcome to the 1960s! France
    >lags
    >> behind Germany in consumer law and awareness. And it is the
    >> company's stronghold.
    >>
    >> Citroen will never be the same as it was in the 1960s - modern
    >> markets don't allow for engineer's dreams to be built any more.
    >> There is precious little room for unprofitable, over-engineered
    >cars
    >> these days. That's what almost sank Citroen in 1974 (and 1934, for
    >> the historically inclined). The new Citroens will be innovative in
    >> a "new Beetle" kind of way, but like the Beetle, more or less a
    >mere
    >> shadow of their former selves. The market wouldn't allow it to be
    >> any other way.
    >>
    >> Another comment: I just can't accept that VALEO is a "top-notch
    >> supplier". I've paid too much money to those "salauds" in
    >> replacement parts to believe it! Mikey's Postulate on VALEO: I
    >think
    >> that they designed barely-adequate (crap) products on purpose, low-
    >> balled the manufacturers with a super-cheap loss-leader contract,
    >> intending all along to make all their profit by selling
    >replacements
    >> for the crap OEM stuff that breaks prematurely. Seriously.
    >>
    >> Brian, please don't laugh at the Prius. It may be ugly, but we'll
    >> all be driving something like it in 15 years. Where is Peugeot
    >with
    >> the innovative hybrids? A few electric vehicles in municipal
    >fleets
    >> and for wealthy Parisians won't cut the mustard. You know why
    >Honda,
    >> Toyota, Mercedes and Ford are ahead on alternative fuels? Mainly
    >> because of California's CARB regulations.
    >>
    >> Having written all that, I hope that PSA has an epiphany and comes
    >> back to the USA and Canada. Because it is a healthy presence here
    >> that will ensure their continuation over the long term. And I'd
    >hate
    >> to lose another of the world's oldest manufacturers.
    >>
    >> Regards,
    >> Mike Tippett
    >>
    >>
    >> Recommended format for your email subject lines:
    >> Model # [Model Letters] Year Subject
    >>
    >> Examples:
    >> 505 88 V6 Mileage
    >> 405 Mi16 89 Ignition Coil source?
    >> ************************************************
    >> To unsubscribe from this list send a blank email message to
    >PEUGEOT-L-UNSUBSCRIBE@EGROUPS.COM
    >> ************************************************
    >>
    >>
    >>
    >>
    >> Recommended format for your email subject lines:
    >> Model # [Model Letters] Year Subject
    >>
    >> Examples:
    >> 505 88 V6 Mileage
    >> 405 Mi16 89 Ignition Coil source?
    >> ************************************************
    >> To unsubscribe from this list send a blank email message to
    >PEUGEOT-L-UNSUBSCRIBE@EGROUPS.COM
    >> ************************************************
    >>
    >>
    >
    >
    >Recommended format for your email subject lines:
    >Model # [Model Letters] Year Subject
    >
    >Examples:
    >505 88 V6 Mileage
    >405 Mi16 89 Ignition Coil source?



    This archive was generated by hypermail 2b29 : Fri 05 Jan 2001 - 21:43:18 UTC