Car Automotive and Design

Showing posts with label Peugeot. Show all posts

GM and PSA Peugeot Citroen Appoint Members to New Joint Panel

The fast moving alliance created last month by General Motors and PSA Peugeot Citroen is wasting no time getting things into order as the two companies today announced the creation of a joint panel with five senior executives from each side (see the list below for the names).

The so-called Alliance Steering Committee will oversee all activities that are currently part of the alliance and explore other potential areas of cooperation

Peugeot Confirms UK Pricing for 508 RXH Crossover and New 508 Hybrid4 Sedan

The Peugeot brand has announced pricing and specification details for two new additions to its 508 range in Britain, the 508 RXH crossover estate and the 508 Saloon HYbrid4, both of which make use of the company's diesel-electric hybrid powertrain.

The 508 RXH starts at £33,695 and the 508 Saloon HYbrid4 at £31,450. Both models are available to order now, with the 508 RXH to go on sale in May and the 508 Saloon HYbrid4 from July 2012.

The hybrid powertrain on both models consists of a 2.0-litre HDi 163 Diesel engine powering the front wheels and a 37bhp electric motor driving the rear wheels.

European Carmakers Must Deal with the Crisis Fast or Face the Consequences

A number of European carmakers are facing the same problem: they have more facilities and employees churning out more cars than they can sell.

Automotive CEOs acknowledge the fact and understand that something needs to be done about it. Fiat’s Sergio Marchionne has often said that European carmakers must consolidate or risk going down and he is constantly trying to tie-up the Fiat-Chrysler group with another carmaker.

GM’s Dan Akerson has stated that he's fed up with losing money with Opel and Vauxhall. However, the recently formed alliance with PSA Peugeot Citroen could provide a solution to this problem.

Peugeot Launches its First Promotional Film on 208 GTi Concept

To amp up fans for the presentation of the new 208 GTi Concept at the 82nd Geneva International Auto Show, Peugeot has released a teaser video that shows the hot hatch on the move.

Peugeot won't divulge any details yet, but we believe that the production version will follow at the Paris Motor Show this fall with European sales to start towards the end of the year or in early 2013, depending on the market.

GM and PSA Peugeot-Citroen Officially Form an Alliance, Fiat Still Wants In

Well, that didn’t take long, did it? Only a week after the first report that General Motors and PSA Peugeot-Citroen were discussing a possible alliance in order to cut their costs and improve their performance in Europe and other regions, the two companies announced today that they have reached an agreement.

The global alliance between the world’s number one car manufacturer and Europe’s number two automotive group involves two main topics: the sharing of platforms, powertrains and modules, and a joint venture for the sourcing of US$125 billion worth of parts and services from suppliers.

GM will acquire a 7 percent stake in the French group, which is slightly higher than the 5 percent originally reported, but still enough to make it the second largest shareholder behind the Peugeot Family Group.

Kids Crashing Peugeot 107 Mini: Is it Real or Fake?

Whilst this video of a couple of children playing around with a Peugeot 107 that they allegedly end up crashing makes for a good laugh, we can't say for sure if its staged or not.

Like its Toyota Aygo and Citroen C1 siblings, the Peugeot 107 is available with an automated manual gearbox, so theoretically at least, it is possible for a youngster to put it in reverse gear as depicted in the clip.

Check out the video after the jump and tell us what you think.

Sources Say GM wants to Acquire 5 Percent Stake in PSA Peugeot-Citroën as Alliance Talks Progress

A merger, a tie-up, an alliance or a collaboration, whatever you call it, at the end of the day, it all boils down to one thing: how well two automakers can work together in order to minimize costs and maximize profits.

As previously reported, General Motors and PSA Peugeot Citroen are discussing a “strategic alliance” in Europe that could prove beneficial for both companies.

GM would find a way to cut costs in its Opel and Vauxhall brands, which are bleeding cash for what seems like forever, while Peugeot and Citroen would use GM as a means to increase their volume and lessen their dependence on the troubled European market by expanding elsewhere.

Blog Archive