Simplify the following text for a Grade 5 native English-speaking person.
Original: The Peugeot 306 is a small family car built by the French car manufacturer Peugeot from 1993 to 2002 replacing the 309 . Peugeot gave the 306 many updates and aesthetic changes to keep up the competition but it was replaced by the 307 in 2001 .
Simplified: The Peugeot 306 is an automobile produced by Peugeot .