Production: SMAE (Société Mécanique Automobile
de l'Est) is set up in Trémery, in the Lorraine region, to manufacture
gear boxes and new engines for the two marque's mid-sized ranges.
The Vigo facility manufactures the 504, bringing Peugeot back onto the Spanish
market.
Acquisition: of SAMM, a company manufacturing components for the
aeronautics industry.