[2] Vehicle production finally ended early in 1930, some ten months after the company's second declaration of bankruptcy, in March 1929.
By the time he established the company that carried his name, Schneider was already a very well seasoned automobile manufacturer.
[6] At the 19th Paris Motor Show in October 1924 the manufacturer was offering this car with a "Torpedo" type body for 29,000 francs.
[6] From the volume makers, a "Torpedo" bodied Renault 10HP was listed only 22,500 francs at the same show and a comparably sized "all-steel" Citroën Type B10 was offered for even less,[7] but the mass-produced Citroën still had serious structural issues to overcome,[7] and at this stage the French automarket was still able to absorb cars in this class from the smaller automakers as well as from the high volume companies.
The company was declared bankrupt for the first time in November 1921, but was able to persuade the court to permit resumption of its activities thirteen months later.
[8] Production was progressively run down, presumably in order to use up existing inventory, but early in 1930 the factory doors were closed for the last time.