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Five Cars That Rescued Troubled Automakers from Ruin

Summary

  • • Peugeot 205 saved French brand from bankruptcy in 1980s
  • • Porsche Boxster revived company's fortunes in 1990s
  • • Aston Martin DB7 'reborn' brand in 1990s
  • • Bentley Continental GT boosted sales in early 2000s
  • • Nissan Qashqai crossover revived struggling Japanese firm in 2007
Five Cars That Rescued Troubled Automakers from Ruin

Over the past several decades, the automotive industry has seen its fair share of ups and downs, with many major brands facing financial troubles and the threat of bankruptcy. However, some iconic models have managed to single-handedly rescue these struggling companies and put them back on the path to success.

One such example is the Peugeot 205, a small car that saved the French brand from near-collapse in the 1980s. Peugeot was saddled with debt and on the brink of bankruptcy when the 205 debuted in 1983, becoming an immediate sales hit thanks to its modern design, wide range of engines, and clever marketing. The 205 went on to sell nearly 5.3 million units and allowed Peugeot to expand its entire lineup.

Similarly, the Porsche Boxster roadster revived the German luxury brand's fortunes in the 1990s when its model lineup had grown stale and outdated. The more affordable Boxster, which shared parts with the 911, helped Porsche become profitable again and sold over 55,000 units in its first three years.

Aston Martin also found salvation in the DB7 model, which arrived in 1994 and became an instant sales success, helping the British marque transition from building just 10,000 cars in its lifetime to nearly doubling that figure in a single decade.

The Bentley Continental GT, launched in 2004, was another game-changer, boosting the brand's annual sales from under 1,000 to over 6,500 in its first year on the market. The Continental GT's blend of hand-crafted luxury and high-performance helped cement Bentley's revival under Volkswagen's ownership.

Most recently, the Nissan Qashqai crossover saved the Japanese automaker from financial ruin in the 2000s, sparking Europe's love affair with SUVs and becoming one of Nissan's best-selling models of all time.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

FAQ

The Peugeot 205, a small car that became an immediate sales hit and helped the company expand its entire lineup.
The more affordable Boxster roadster shared parts with the 911 and helped Porsche become profitable again, selling over 55,000 units in its first three years.
The Aston Martin DB7, which became an instant sales success and helped the company transition from building just 10,000 cars in its lifetime to nearly doubling that figure in a single decade.

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