As I'm sure others are, I was sorely disappointed to receive a "Dear Peugeot dealer" letter this morning announcing that Cycleurope were stopping distribution & sales of Peugeot cycles in the UK from December. The Bianchi division is being kept on to front their presence over here in the high-end road bike market. It wasn't unexpected though as most models have either been on delay or just not available for the best part of six months. On the back of an announcement of the loss of 50% of the 100 jobs at the Bianchi factory a few weeks back, this doesn't exactly paint a pretty picture of Peugeots future in Europe as a whole does it ? Particularly as they are warning now that the direction the company is taking with the name 'Peugeot' has to be reviewed by 2004.
Bob Reid
Stonehaven
Scotland