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Cycles Peugeot started in 1882 in Sochaux, France and famously started making its classic French automobiles later in 1890. Armand Peugeot personally hand made Peugeot's first penny farthing bicycles1). Peugeot was late in producing mountain bikes, despite being a large supplier of cruisers and bmx bikes in the 1970s & 1980s, not producing a true mountain bike until 1984.
Peugeot is currently a subsidiary of the Swedish firm Grimaldi Industri, along with Bianchi, Gitane, Puch and many others. See link.
Armand Peugeot motor-talk.de
1982 Pipeline 5
This transitional klunker cruiser was often marketed as a mountain bike and thus gets Peugeot placed in the timeline starting in 1982, despite 40+ manufacturers becoming aware before Peugeot of the inevitability of mountain bikes taking over the world. At least they finally got it in 1984 - and Cycles Peugeot only survived in the Peugeot family for another three years until 1987 2)
This is followed by no geared fat tires bikes at all in 1983. The 1983 Peugeot Pipeline 5 become a Pipeline 1, and dropped its two derailleurs (while gaining a lighter diamond frame,) and does not deserve a timeline entry/picture.
1982 Pipeline 5 retrobike
Araya built lugged frame with Tange champion tubing. New rear derailleur. SunTour AR front (1983-4). Un-restored. Serial number ARYG 329376 → 1983.
1983 VTT retrobike
1984 Orient Express
The catalog pic to the right was the only 1984 example found on the web. Many 1985+ Orient Expresses exist. Suntour AG Tech front & rear.
1984 Orient Express bikeboompeugeot
1985 Canyon Express
SunTour MounTech (II GTL) front and rear.
1985 Canyon Express bikeforums
1986 Crazy Horse
A UK variant of the Orient Express using Simplex SX430.
1986 Crazy Horse 1986 Peugeot catalogue - UK
1987 Alpine Express
Deore MT60 (1987-88). Unusually, the US & UK versions were identical.
1987 Alpine Express ebay.co.uk
UK only, using Huret Eco (the last Huret??)
1988 Alpina zppays
1989 Ocean Express
Cheerful colors! SunTour XCD6000 (1988-89)
1989 Ocean Express saikle.fr
1990 Kings Canyon
Hot green. Shimano Deore DX.
1990 Kings Canyon retrobike
1991 Black Mamba
1991 Black Mamba. lfgss