General Motors has announced that it is selling its remaining seven-percent stake in PSA Peugeot Citroen today. Continue Reading...
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The Peugeot 208 GTi concept, revealed at Geneva, plays heavily on the old 205 theme, not only in the side glass window treatment, but also the brushed aluminum appliqué on each rear quarter panel. Continue Reading...
German car firm BMW is well known for its technological innovations, and the company won’t be caught resting on its laurels. In pursuit of future technologies, BMW is looking to partner up with General Motors to develop fuel-cell technology, and may even further extend their hand to PSA Peugeot Citroen to co-develop gasoline engines. According… Continue Reading...
General Motors and PSA Peugeot Citroën inked a deal yesterday that will see the companies partnering to further their interests in Europe. “This partnership brings tremendous opportunity for our two companies,” said Dan Akerson, GM chairman and CEO. “The alliance synergies, in addition to our independent plans, position GM for long-term sustainable profitability in Europe.” The… Continue Reading...
The venture will also give Peugeot improved access to overseas markets such as China and South America; it could possibly even witness a return of the brand to the US for the first time since 1992. Continue Reading...
World War II jokes aside, the French and the Germans are joining forces this time…and for powers of good. BMW and PSA Peugeot Citroën plan to invest 100 million Euros and the efforts of 400 employees into developing hybrid technology, to be shared by both brands. The program, excitingly titled “BMW Peugeot Citroën Electrification,” will… Continue Reading...
BMW and French automaker PSA Peugeot Citroen have officially announced plans to partner on development of hybrid components for front-drive vehicles. Currently the two automakers already share engines, between the Peugeot, Citroen and MINI brands. It’s expected that the new hybrid drivetrains will be shared with models from those ranges (including the next-generation MINI Cooper)… Continue Reading...
PSA Peugeot Citroen is the first automaker to publicly stand up to the Chinese government’s proposed Green Car Plan. Recently an initial draft of a new piece of Chinese government legislation was leaked in which was revealed plans by the world’s largest auto market to strong arm international auotmakers into sharing their hybrid and electric… Continue Reading...
A little over a month after the new Outlander Sport SUV (known as the ASX or RVR in the rest of the world) took a bow at the New York Auto Show, Mitsubishi has announced that it will be giving a variation of the sharp-looking crossover to Peugeot and Citroen, two companies which have had… Continue Reading...
BMW and French automaker Peugeot Citroen have signed a new agreement to work together to develop a new generation of improved 4-cylinder engines. The new powerplants will be used in BMW’s MINI lineup as well as in Peugeot’s 207 and Citroen’s C3 Picaso. BMW recently made several changes to the 2010 versions of the engines… Continue Reading...
Europe’s second largest automaker, French company PSA Peugeot Citroen, is considering purchasing Japanese automaker Mitsubishi Motors. News of the possible purchase comes from Nikkei English News, and had Mitsubishi’s shares up 13.4 percent in overseas trading. A similar report in Bloomberg BusinessWeek reports that Peugeot would take a 53 percent stake in Mitsubishi Motors worth… Continue Reading...