The Lion-Peugeot Type V2Y3 was a motor car produced near Valentigney by the French auto-maker Lion-Peugeot in 1911. It closely resembled the manufacturer’s Type V2C3, but it had a larger engine and was faster. 215 V2Y3s were produced. The V2Y3 was propelled using a two cylinder 1,702 cm³four stroke engine, mounted ahead of the driver. This was the largest two cylinder engine that the manufacturer produced. A maximum 16 hp of power was delivered to the rear wheels. The car shared its 2,250 mmwheel base with the manufacturer’s single cylinderType VC3. The 3,200 mm body length provided space for between two and four people depending on the body specified. The range of different body types offered included a Phaeton, a Torpedo, a Limousine, a Landaulet, and a sports car.
“Lion-Peugeot” is the name under which in 1906 Robert Peugeot and his two brothers, independently of their cousin Armand’s "Automobiles Peugeot" company, established a car manufacturing business at Beaulieu near Vallentigny. Ten years earlier the automobile pioneer Armand Peugeot had split away from the family business after a long-standing disagreement over how intensively the company should diversify into larger scale automobile production. An agreement had at that time been entered into between Armand’s “Automobiles Peugeot” company and the residual Peugeot business that the residual business should concentrate on its established metal tools and components businesses along with its successful bicycle manufacturing activities, while Armand would have Peugeot branded powered vehicles to himself. During the ensuing ten years Armand’s automobile business had grown rapidly, although it appears that the residual Peugeot business had probably not entirely avoided producing powered vehicles. In any event, under a new agreement signed in 1905, the residual Peugeot business made Armand an annual payment in return for which Armand consented to the residual business itself producing motor cars under the “Lion-Peugeot” name. The arrangement continued until 1910 after which the Lion-Peugeot business and the Peugeot automobiles business were merged into a single company. Nevertheless, some smaller models continued to be branded as “Lion-Peugeots” until 1916.
