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Another beautiful wagon, but unlikely to reach our shore... 308 SW GT For petrol, 3-cylinder engines with a capacity of 1.2 litres: PureTech 110 S&S BVM6, PureTech 130 S&S BVM6, PureTech 130 S&S EAT8. 308 SW Hybrid...
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Finally a new flagship by Citroën worth looking forward to? The new shape somewhat reminds me of unconventional looking Renault Vel Satis... Approximately three years ago, Citroen said the successor of the C5 will have an unconventional shape and will basically “reinvent” the traditional sedan....
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4th largest automotive group in the making... Fiat Chrysler and Peugeot reach deal to merge DETROIT – From Daimler-Chrysler to Fiat Chrysler, the former American automaker Chrysler Corp. has gallivanted around the world to find partners to assist in its growth or help keep it afloat....
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A report from The Financial Times predicts that China will build more passenger cars and light commercial vehicles than Europe for the first time ever in 2013. This should not come as a surprise as European car makers such as Opel, Ford of Europe and PSA Peugeot Citroen have announced plans to cut p...
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If you think that the global economy is on its way to recovery, think again. Cumulative car sales in the European Union (EU) from January to November 2012 have fallen to a 19-year low. It dropped 7.2 percent to 11.7 million units, the lowest figure since 1993. The decline was propelled by...
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GM Vice Chairman Stephen Grisky says that Opel is not for sale. "Opel is not for sale. GM fully stands behind Opel," said Mr Girsky in a statement recently. "Opel is a fully integrated part of GM's global footprint and vital for GM's future success in Europe. The GM-PSA alliance is fully on track."...
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[extract] The Eurozone debt crisis seemed to have taken its toll on the sales of PSA Peugeot-Citroen. The Group
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PSA Peugeot Citroen raised 1 billion Euros for partnership with GM
SYF77 posted a blog entry in MyAutoBlog
[extract] PSA Peugeot-Citroen (officially Peugeot S.A.) has succeeded in raising 1 billion Euros via rights issue to strengthen its planned collaboration with General Motors. Chief Executive, Philippe Varin, stated that the capital injection will enable them to finance investments associated w...-
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