History of Peugeot in Argentina

 The first Peugeot automobiles were brought to Argentina in 1957 through the establishment of DAPASA (acronym from "Distribuidora Automóviles Peugeot Argentina S.A.") which imported the 403 model. The society was then renamed "IAFA" and began producing the 403 in the new factory in Berazategui, Greater Buenos Aires from 1960 to 1965. During that period, a total of 22,000 units were manufactured.

IAFA launched the 404 model in 1962, which would become a success, being produced until 1980 by IAFA and continued shortly by Sevel Argentina. At the moment of being discontinued, a total of 152,000 units had been produced.In 1960, a new plant in El Palomar, Buenos Aires, was opened to produce Peugeot models, with its first cars being assembled in 1963.  Almost were all diesel, with the pickup truck being wildly popular with tradesmen.