The 1890 P2D Phaeton was a pioneering automobile manufactured by Panhard & Levassor, one of the earliest carmakers. It was a lightweight, two-seater vehicle with a top speed of around 12 mph (19 km/h). The P2D Phaeton was powered by a Daimler two-cylinder engine mounted in the rear, and it had a chain-drive transmission. The car's suspension consisted of leaf springs on both axles. Despite its limitations, the P2D Phaeton was a significant step forward in automotive technology, and it helped to lay the foundation for the modern automobile.