But despite the success, Peugeot is still investing huge energy into the future of its supermini. Now, in its sixth production year, a new sporty version has been launched. Powered by a 90bhp 1.4-litre engine, in Quiksilver guise it costs £11,020.
Although shaded by the price and performance of Citroen's C2 VTR at £10,995, the 206 remains one of the biggest cars in its class. The engine is no powerhouse - 0-60mph takes 10.9 seconds - but the model still has a couple of surprises for enthusiasts.
Firstly, the short gear ratios make the most of the engine's 90bhp. And secondly, this is the last Peugeot with the trailing-arm rear suspension that made the 106 and 205 such fun to drive.
The way you can alter course with the accelerator as well as the steering remains a keen driver's treat. The steering has better feel than the electronic system in the C2, too.
So the aged 206 is proof - if it was needed - that the new way of doing things in the supermini market is not always best. It still shows more recent models a thing or two in terms of road manners - no wonder it sells so well.
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