After the Swiss National Bank suddenly changed its foreign exchange policy, Daimler is adjusting its prices in Switzerland by 18 percent, while Peugeot SA slashes a thousand francs off its prices.
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.
Peugeot is preparing to show off what it has been working on for when the auto show circuit returns to its own backyard with the upcoming 2014 Paris Motor Show. The French automaker has been developing ways to be happily compliant with the Euro 6 emissions standards. Things we'll see coming from Peugeot early next month include new gasoline and diesel engines, as well as a demonstration version of the 208 HYbrid Air 2L, powered in part by compressed air.
The Peugeot family might be going back to their pepper mill business since losing a big stake in the company, but the automaker itself is still hard at work with a new concept for the Paris Motor Show. Its latest creation is the Peugeot Quartz that imagines a high-performance CUV with a 500-horsepower, hybrid drivetrain on tap.
The Peugeot family has long been the largest shareholder in the company that bears its name. But PSA Peugeot Citroën – one of Europe's largest automakers – recently launched a capital campaign that saw it sell large chunks of shares to overseas investors, decreasing the Peugeot family's stake from 25.5 percent to 14.1 percent. The move meant that the Peugeots are no longer in control of Peugeot SA (PSA), so now they're looking to other interests. Like pepper grinders.
Peugeot chose wisely when it got back into the hot-hatch game. Instead of going after the big boys, it went small with the 208 GTI, which arrived around the same time as the latest Renaultsport Clio. Where Renault went with a crowd-pleasing five doors and a dual-clutch gearbox, Peugeot went old-school with three doors and a stick shift. Bolstered by positive reviews, Peugeot's been widely expected to apply a similar formula to the larger 308, but instead of going for Golf R territory, it's guard
It used to be that a concept car would make its big show debut, then maybe make the rounds of some smaller local shows and subsequently disappear. But recently automakers have been giving their show cars a new lease on life. Lexus did just that with the LF-LC concept, introducing it in red at the Detroit Auto Show and then repainting it blue for Sydney. Subaru has taken a similar approach with its Viziv concept, much as Mini did with the Rocketman. And now Peugeot is following suit with its Exal
It would be all too easy to write off Peugeot Sport these days. The French automaker's competition division, once run by FIA president Jean Todt (before he was head of Ferrari), hasn't competed in Formula One in 14 years, in the World Rally Championship in nearly a decade, and shut down its Le Mans Prototype program – the only one to really challenge Audi in the modern era – two years ago.
Heading into the Goodwood Festival of Speed this past weekend, insiders speculated that we'd have a new top time on our hands. The record for the English hill climb course has stood at 41.6 seconds since 1999 when Nick Heidfeld drove the McLaren MP4/13, but expectations were high that nine-time World Rally Championship superstar Sébastien Loeb would pilot his Peugeot 208 T16 – the same in which he set the record time at Pikes Peak last year – to knock Heidfeld and McLaren off
Though American hot hatch enthusiasts might more readily equate the letters GTI with Volkswagen, our European counterparts would equally associate them with Peugeot. In fact, it's been 30 years since the French automaker introduced the first 205 GTi, and to celebrate that milestone, it's released a new 30th Anniversary Edition of the latest 208 GTi.
Peugeot might not loom large on our radar screen since it doesn't market in North America, but overseas (and counted together with its Citroën brand), the French automaker is a big player – the eighth largest in the world, in fact, ahead of Suzuki, Mazda, Mercedes, BMW and (crucially) its cross-town rival Renault.
The Ram ProMaster only introduced itself to US buyers - prognathous jaw first - last year, but it might quickly be the recipient of some plastic surgery. Above is the new face of the 2015 Fiat Ducato, which does duty as our ProMaster, the Citroën Jumper and the Peugeot Boxer and will be officially unveiled on May 12. Its face still slopes forward all the way to the bottom, but the distance and weight of the jutting chin has been greatly reduced by curving lines that more artfully integrate