Archive for the ‘Peugeot’ Category

PSA’s Tavares Throws Cold Water on Hot FCA Rumor

CEO says no FCA deal is in the works.

by on Apr.03, 2019

PSA CEO Carlos Tavares denied reports that the company and FCA were involved in any type of discussions.

Fiat Chrysler Automobiles appeared to be the belle of the automotive partnership ball recently, but one of its suitors looks to have a wandering eye.

PSA Group CEO Carlos Tavares pushed back on reports that FCA and PSA were in talks to enter into any type of agreement between the two companies. It was reported that the two companies could find ways to help each other out in Europe and perhaps other markets.

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“No, we are not targeting a specific company. We are working with all of our partners,” said Tavares at a press event in the southern Indian city of Chennai, according to Reuters. (more…)

A New Partner for Fiat Chrysler? Peugeot Says Maybe

Peugeot family suggest FCA is a possible mate.

by on Mar.19, 2019

Could Fiat Chrysler be a good fit with PSA Groupe? A member of the Peugeot family says yes.

The late Sergio Marchionne spent much of his tenure searching for a partner for Fiat Chrysler, and now it appears a new mate for FCA is in the picture and creating buzz that Marchionne likely would have enjoyed: Peugeot.

Robert Peugeot, president of Peugeot family holding company FFP, told French daily Les Echos he would support a new deal, suggesting Fiat Chrysler would be among the potential partners.

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“With them, as with others, the planets could be aligned,” he was reported as saying about a potential merger. (more…)

Peugeot Will Be the Brand of Choice for PSA’s Reborn U.S. Dealer Network

“This is not about speed,” says North American CEO. Re-launch could take until 2026.

by on Feb.26, 2019

PSA's North American CEO Larry Dominque said the company will be very deliberate in its return the U.S.

The Peugeot brand is making its return to the U.S. and Canadian markets, parent Groupe PSA announced Tuesday, but the relaunch of its dealer network could take until 2026 to put in place.

The news comes 28 years after Peugeot pulled out of the U.S., a victim of rapidly declining sales. Rebuilding a market could prove challenging for the Paris-based carmaker, industry analysts warn, pointing to the troubles Fiat has faced since returning to the States after a two-decade absence.

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“The good news for us is PSA is not dependent on me to sell a single car,” Groupe PSA North America CEO Larry Dominique said in an interview on Tuesday. “The idea is to build the brand the right way.” (more…)

GM Is Going to Build eBikes – and Wants the Public to Come Up With a Name

Winner will get $10,000.

by on Nov.02, 2018

One of General Motors' two electric bikes is a distinctively styled compact version.

The word, “mobility” is showing up in transportation circles a lot these days, and expectations are that the public will have plenty of alternative ways to get around in the years ahead, everything from electric scooters to ride-sharing services.

That’s led General Motors to invest billions in a variety of different transportation alternatives, including car-sharing service Maven and it autonomous Cruise Automation subsidiary. Now, the Detroit automaker says, it will be getting into the bicycle business. Make that electric bikes, two of which it unveiled on Friday.

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It wants to start selling them next year but it has a rather significant problem: no name. So, it is asking the public to come up with a moniker for the new brand and will give the participant who submits the winning choice $10,000, with nine runners-up getting $1,000 each.

(more…)

Smaller Paris Show Still Set to Deliver Big Product News

Audi, BMW, Mercedes among the headliners at Mondial de l’Automobile.

by on Oct.01, 2018

Audi is ready to take on the industry leader, Tesla, with the all-new e-tron, which will make its public debut at the Paris Motor Show.

It may be the City of Lights but things will be a little darker at the 2018 Mondial de l’Automobile. Otherwise known as the Paris Motor Show, it’s been hit by the same industry retrenchment that has hammered other major shows, including Detroit and Chicago during the last several years.

Among the manufacturers who’ll sit things out for 2018 are Ford, Infiniti, Mazda, Mitsubishi, Nissan, Opel, Subaru, Volkswagen and Volvo, as well as several Fiat Chrysler brands. And several other carmakers are expected to downsize their presence when the show begins with the annual two-day media preview on Tuesday.

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That said, it will just allow the spotlight to shine more brightly on those brands that have decided to stick with Paris this year. Among the most prominent previews on the docket will be debuts at the BMW, Mercedes-Benz and Ferrari stands. And while some of its Volkswagen Group siblings will be notably absent, Audi will retain a high-profile presence with three important public unveilings. (more…)

Alfa Snags a Win, Ferrari Lands the Big Bucks, and Classics Make Room for the Future as Monterey’s Classic Car Week Concludes

Award winner upstaged only by the $48M paid for '62 Ferrari 250 GTO.

by on Aug.27, 2018

David Sydorick's 1938 Alfa 8C 2900B won top honors at Pebble Beach.

While the Alfa Romeo brand may be struggling to gain traction with American car buyers, the judges at the Pebble Beach Concours d’Elegance had no problem deciding what was best in show at the 68th annual running of what is widely considered the world’s premier classic car show. Honors went to a 1938 Alfa 8C 2900B owned by David Sydorick, of Beverly Hills.

But if you’re measuring success in dollars, the weekend’s real winner was a 1962 Ferrari 250 GTO which was gaveled off for a record $48 million at one of the many auctions that took place over the long weekend on the Monterey Peninsula. It blew past all estimates and handily surpassed the winning bid for an Aston Martin DB5 used in the 007 adventure Goldeneye.

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While the emphasis during the extended weekend was on classic cars, the past had to make room for the future on at least a few occasions. An assortment of automakers, including BMW, Audi and Mercedes-Benz, used the Pebble Beach Concours as background to reveal their latest concept and production models, with a big emphasis on electric drive technology. (more…)

Mercedes EQ Silver Arrow Concept Offers Signpost to Future Designs

EQ Silver Arrow draws inspiration from racers past.

by on Aug.26, 2018

Mercedes-Benz unveiled its EQ Silver Arrow concept to the crowed at the Pebble Beach Concours.

With seemingly most of the automotive world focused on the Monterey Peninsula at this time of the year, automakers are introducing some of their latest innovations at or near the Pebble Beach Concours.

Mercedes-Benz is the latest to do with its new EQ Silver Arrow concept car.The one-seater EQ Silver Arrow is an homage to the successful record-breaking W 125 car from 1937.

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Although the company has no real plans to roll out a new version of the Arrow, the company does described the concept as an “emotional signpost to the future of design.” So as is often the case for the Monterey Car Week concepts, expect to see some of what makes the concept so impressive to show up in some form in the EQ electric brand Mercedes plans to bring to market in the next year or so. (more…)

Bugatti Reveals 1,500-Horsepower, $5.78-Million Divo

For folks who think the Chiron just isn’t quick enough.

by on Aug.24, 2018

The Bugatti Divo is a 1,500-horsepower beast that costs a mere $5.78 million.

While it may boast a top speed of 261 mph, there apparently are people – very, very wealthy people – who think the Bugatti Chiron isn’t fast enough.

So, for those folks, the French arm of the Volkswagen Group is rolling out the Bugatti Divo, all $5.78 million of it. The ultra-exclusive hypercar is making its debut this weekend on the Monterey Peninsula, ahead of the annual Pebble Beach Concours d’Elegance.

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The 1,500 horsepower Divo isn’t a ground-up project, starting out as a Chiron that has been fed plenty of steroids. But it is lighter and boasts far better handling, Bugatti officials promise, especially during aggressive cornering maneuvers. On a straight road, however, it actually loses a bit of speed, topping out at a mere 236 mph. (more…)

Infiniti Goes Back to the Future with Prototype 10

Concept is the "manifestation" of brand's future powertrain strategy.

by on Aug.24, 2018

Infiniti's Prototype 10 takes the retro styling of the Prototype 9 to a new level at this year's Pebble Beach Concours.

There’s something odd about the Infiniti Prototype 10. Catch a glimpse of it from one angle and you’re transported back to an earlier era of motorsports. Nose-on, however, the concept speedster takes on a very modern appearance.

Infiniti has been teasing us with heavily disguised images of the Prototype 10 for some weeks, now, finally giving us a good look at the one-off model during a preview helping mark the start of the annual classic car weekend on the Monterey Peninsula that wraps up with the Pebble Beach Concours d’Elegance.

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The luxury arm of Nissan has been a familiar corporate face at Pebble Beach, just last revealing the Prototype 9, an even more retro-shaped concept race car. What that model and the Infiniti Prototype 9 have in common, however, is what the maker calls the “physical manifestation” of its future powertrain strategy. With only a rare model or two, all future Infiniti products, it seems, will migrate to some form of electrification, from plug-in hybrid to pure battery-electric, like the powertrain in the Prototype 10. (more…)

Audi Sparks Race for Fastest EV with Debut of PB 18 e-tron

All-electric supercar can hit 60 in 2 seconds, deliver 310 miles range.

by on Aug.24, 2018

The Audi PB 18 uses three motors, two of them in the rear, powered by a solid-state battery pack.

Amidst a sea of classic cars, Audi launched something new and decidedly different on Friday, but the PB 18 e-tron had at least one thing in common with the racecars gathered for the annual Rolex Monterey Motorsports Reunion: blinding speed.

Driven by legendary Audi race driver Allan McNish, the eagerly expected Audi supercar is one of an assortment of high-performance models making their debut over the long weekend on the Monterey Peninsula where things are building up towards the annual Pebble Beach Concours d’Elegance on Sunday.

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Influenced by Audi’s endurance racing program, as well as the R8 e-tron concept first shown in 2009, the new PB 18 e-tron is a two-seat supercar that sets the stage for the German automaker’s upcoming push into electrification. That begins later this year with the debate of a new SUV that offers an all-electric alternative to Audi’s more conventional Q5 ute. (more…)