Virgin Racing is reportedly set to get a boost in the form of a manufacturer partnership with French automaker PSA Peugeot Citroen in the FIA Formula E Championship.
PSA Peugeot Citroën has been based in its current offices, located less than half a mile from the iconic Arc de Triomphe in Paris, for a half century now. But the latest word has it that the French automaker is planning on leaving the historic location as part of its plans to cut costs.
For motorsports fans in the US, the winter is often a wasteland of interest, leaving us to look forward to warmer weather and the return of racing. However, there's a lighthouse that shines each year during the cold doldrums in the form of the Dakar Rally. Often broadcast in the wee hours of the morning, it gives the DVR-savvy a reprieve to watch motorcycles and trucks blasting through the desert while the snow falls outside at home.
PSA Peugeot-Citroën already lost a lot of control of its automotive business earlier this year when Dongfeng and the French government each bought 14 percent shares of the struggling firm to keep it alive. The company's scooter division, one of the oldest in the world, is now facing a similar situation as Indian motoring giant Mahindra has offered to buy a 51-percent share of it for better access to the two-wheel market.
Want to get your hands on a new French car? If you live in the United States, you're pretty much out of luck. Mainstream French automakers like Renault, Peugeot and Citroën don't compete in the US marketplace. However, American buyers may get some French flavor in a few years' time in the form of DS.
The Paris Motor Show is Peugeot's big chance to show off its newest wares to the home crowd, and the company has a ton of vehicles on display at this year's exhibition. Unfortunately, the Exalt concept is one of the more lackluster of the bunch. With its long, low body, the sedan certainly isn't ugly. However, Peugeot already showed the Exalt at the Beijing Motor Show earlier this year, and it hasn't done too much to change it for the City of Light.
Peugeot is going through a bit of a rough patch recently with Dongfeng and the French government coming to its rescue earlier this year. For the 2014 Paris Motor Show, the company is bringing out everything it can to show strength to the home market. Among the automaker's concepts this year is the high-performance Quartz that imagines a very tough crossover.
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