Fiat Chrysler and Peugeot merge into new corporation called Stellantis
Fiat Chrysler Automobiles (FCA) and Peugeot S.A. (Groupe PSA) confirmed that they will be entering a 50:50 merger. The new corporation will be called Stellantis and the merger is expected to be finalized in the first quarter of 2021.
Both groups will continue to sell their brands under their current names, with Stellantis to be applied at a corporate level only. The FCA and PSA merger comprises no fewer than 12 major automobile brands.
The PSA-FCA Merger Could Bring Some Cool Cars to the United States
FCA and PSA are merging; this much we know is true. With this in mind, and the reminder that Peugeot has been itching to get back into the U.S. market, we’ve realized that this new merger with FCA could streamline and speed up that process in a big way. Furthermore, it opens the door for brands like Citroen, Vauxhall, and DS to ease into the U.S. market without taking too large of a risk. So, if this all plays out in the most favorable way possible, what cool cars could end up on U.S. roads in the near future? Let’s dig into it and look at the possibilities.
PSA Group Is Returning to the US around the year 2026
PSA Group (owner of Peugeot, Citroen, DS and most recently Opel) is one of France’s largest automakers that manufactures models for a wide range of buyers with varying budgets. According to a new report, the group will start selling its cars in the United States again, but we don’t yet know if all their sub-brands are going to make it over or if they are going to adopt a similar approach to Alfa Romeo and bring over some more expensive, exclusive models first.
PSA Has Picked 15 States for it’s U.S.-Market Comeback Attack
After exiting the U.S. market in 1991, PSA Group is eyeing a strong comeback. Larry Dominique, CEO of PSA Group North America, revealed that the company is seriously looking to re-establish itself in the U.S. again. In fact, the company has already started setting up their corporate office in Georgia, Atlanta. Are they a tad bit late, given how the trade war is picking up heat?
The Three-Door Peugeot 208 has Been Tried, Convicted, and Executed
As the rage and rising demand for crossovers and SUVs continues, other car segments have become unwitting bystanders. Sedans are losing their appeal, and the same goes for three-door hatchbacks. The latest to fall victim to this is the three-door version of the Peugeot 208. Word out of the Dutch version of Auto Week indicates that the French automaker is no longer taking orders for the three-door hatch in the Netherlands and that the model is no longer being produced.
Peugeot Doesn’t Need a Dedicated Electric Car so Don’t Expect One Anytime Soon
How often have you seen a CEO announce that they don’t need a dedicated electric car in their line-up? And that too at a time when every manufacturer, from Nissan to Ferrari, is developing at least one car to keep up with the ’trend’? Perhaps never; until now. Jean-Phillipe Imparato, CEO Peugeot, spoke with Autocar recently and revealed Peugeot’s near-future plans which do not include a dedicated EV. Read on to know more.
Is PSA Bringing Peugeot, Citroen, DS, Vauxhall, or Opel to the United States?
We’ve known for a while that PSA was planning to invade the U.S. auto market and it has, in fact, already done so by kicking off its Free2Move mobility platform in Seattle last year. And, more recently – back in January of 2019 – PSA announced that it had chosen Atlanta, Georgia as it’s home away from home. The next move is adding certain PSA models to various car-sharing services, but PSA has reportedly already chosen what brand it will begin selling in the U.S. first, but we’re not privy to the information quite yet.
The French are Coming! PSA chooses ATL as it’s North American Home
Welcome to Atlanta, PSA Group. More importantly, welcome back to the good ‘ol U.S.A. The French auto group took its biggest step in returning to America after announcing that Atlanta will become the location of its North American headquarters. Don’t expect PSA to start shipping Peugeot, Citroen, and DS models tomorrow, though. The new HQ is the first of many steps the group still needs to make to achieve its goal of returning to the market after decades of absence.
PSA Wants Another Crack at the U.S. Market
It’s been decades since we last saw a Peugeot or Citroen presence in the U.S. All that could change soon because Peugeot has been angling for a possible return to North America in the coming years. No specific plans have been laid out, but Peugeot CEO Jean-Philippe Imparato remains bullish on the idea of seeing the French carmaker return to a market it hasn’t been in since 1991.
Peugeot and Beneteau have a Boat Concept and we Want It!
Automakers have a history of venturing into the open seas on occasion. Aston Martin is known for this. Over the years, we’ve even seen the likes of Bentley, Abarth, and a host of others dip their toes in the boat industry. Now it looks like Peugeot is trying to get a slice of that pie with a new creation called the Sea Drive Concept. Yes, it’s a boat. Sadly, it’s a concept.
Reuters is reporting that PSA Group now wants GM to refund nearly half, or about $700 million of the $1.353 billion it paid to the U.S. Automaker last July for the acquisition of Opel and Vauxhall. The report comes with claims that GM failed to disclose just how badly Opel and Vauxhall would miss hitting emissions targets set by the European Union for 2021 and beyond. PSA, which includes brands like Peugeot and Citroen, says it was misled and is owed this refund as the acquisition of brands that fall so far from 2021 emissions targets will cause it to incur significantly more fines than previously expected. GM claims that it provided “substantial information” and that “PSA undertook a robust due diligence process” that included “their employees, many experts, and lawyers.”
Want to know more? Keep reading to learn about the change to EU emissions rules in 2021 and what kind of fines PSA is looking at over the Opel and Vauxhall Acquisition.
PSA to Establish Presence in the U.S. Through a New Car-Sharing Program
French automaker PSA’s noticeable absence in the U.S. is about to come to end. But before anybody gets too excited about the possibility of buying the latest Peugeot or Citroen model, the return of these brands to this side of the world won’t happen in the manner most people are hoping for. That’s because the French automaker is instead tapping into the growing car-sharing service industry with the announcement of its partnership with the Bollore Group to introduce a car-sharing service to the U.S. market.
According to Fortune, the introduction of a car-sharing service in the U.S., beginning with Los Angeles, is a part of a long-term turnaround plan that also includes investments and expansions into other areas of the industry. In addition to this burgeoning platform, PSA is reportedly looking into getting involved in parts distribution and vehicle leasing.
The partnership with the Bollore Group isn’t a new transaction either. The two companies have done a lot of business together in the past, most notably with the E-Mehari electric utility vehicle that was shown last December 2015. The partnership between the two sides on the car-sharing service was even hinted at as recently as April 2016 when Tavares indicated the automaker’s intention of offering mobility services in the U.S. before making any decisions on bringing back both Citroen and Peugeot as commercial brands in the region.
Part of this car-sharing service plan with Bollore Group includes using LA as the test bed for the program. If it proves to be successful, the service could expand into other major U.S. cities to coincide with Tavares’ goal of generating more than $300 million in revenue for the company by 2021.
Continue after the jump to read the full story.
The Peugeot Design Lab is home to some of the brightest design minds in the world. I don’t think anyone’s going to dispute that with the kind of innovative creations it has developed over the years. Lest we forget, PDL’s portfolio of designs already includes the Catamaran Concept and the Peugeot Food Truck, aptly named "Le Bistrot du Lion”. Now, PDL is taking its talents into the world of aviation with the presentation of the H160 civil helicopter at the 2015 Dubai Airshow.
Designed in collaboration with Airbus Helicopters, the H160 is a medium-twin helicopter that PDL worked on as a prize for winning a styling competition launched by Airbus. Though Airbus’ in-house design team was in charge of submitting the final designs of the H160, it was the Design Lab that laid the foundation. PDL accomplished this by incorporating elements from Airbus’ previous-generation Dauphin helicopter and adding its own touches to the design. The revamped nose, the biplane stabiliser, the canted tail rotor, and the Blue Edge blades are all signature features of the H160 that traces their origins to the Design Lab.
As impressive as the final design is, the fact that Airbus is actually going to build the H160 for production with the intention of launching the model in 2016 is a clear validation of the work being put in by the talented designers working in the Peugeot Design Lab. Airbus has given no indication on how much it plans to sell the production H160 for, but judging by its aggressive styling and cutting-edge technology, I wouldn’t be surprised if the price tag for the civilian chopper easily exceeds the $8.9 million base price of the Dauphin.
Continue reading for the full story.
On the heels of making its debut at the 2013 Frankfurt Auto Show, Peugeot’s fantastic 308 R Concept appears to be set to lose its designation as just a concept, an exciting development that could lead to a production version for the sports hatchback.
Talking to Top Gear UK, Peugeot’s managing director, Maxime Picat, laid out part of the French automaker’s production plans in the future and apparently, that includes what he described as "specific high-line versions" of its vehicle lineup.
Then Picat dropped the tidbit that should ring music to the ears of Peugeot lovers everywhere.
"There is room for a 308 R that uses the same engine as the concept car at Frankfurt."
And "boom!" goes the dynamite.
It’s still a little short of an emphatic confirmation, but it does give a lot of people clamoring for the 308 R Concept’s production future hope that such a scenario would bear fruit sooner than later.
"The potential 308 R will be developed by Peugeot Sport to use sport technologies," Picat added.
Needless to say, we, just like a whole lot of other people, are getting excited about the prospect of seeing a production model for the 308 R Concept. Here’s to hoping that Picat’s endorsement of the car is more than just lip service.
Click past the jump to read about the Peugeot 308 R Concept
In February, we gave you some information on the 208 GTI concept car. Just like most concept cars, we were not certain when, or even if, the GTI model of the 208 hatchback would ever see the production line. Well, the mystery is over, as Peugeot has officially greenlighted the production of the 208 GTI. There is still no concrete release date, but at least we know it will be released at some point.
This hot hatch will include a version of the 1.6-liter 4-cylinder engine that the Mini Cooper and Citroen DS3 uses. This turbo-4 will have two variants, one that pumps out 154 ponies and the other that punches out a stout 204 horsepower.
The 204-horsepower model is rumored to be dubbed the 208 GTI Racing and can zip to 60 mph in sub-7-second times, which is truly impressive for a compact hatchback. Despite its quick nature, the GTI will not boast any suspension upgrades, so you can anticipate almost identical handling to its base 208 counterpart.
As usual with Peugeots, the U.S. Market won’t even get to sniff one, unless it is imported from overseas and brought up to U.S. Safety and emission standards.
We are still hanging tight to hear what kind of pricing we are looking at for this hatch, so we will keep you up to date with that and the anticipated release date, when they become available.
The Le Mans 24 Hours races may not be the pinnacle of the racing world, but they certainly separate the men from the boys and women from the little girls. For the most part, over half of the field ends up retiring before the race ever finishes and the ones that do finish are completely exhausted – both car and drivers – by the time the race ends.
Audi has seemingly always been a part of the Le Mans 24 Hours and has earned tons of success in the race. In the 2011 running, Audi was set up to fail, as two of its three cars were forced to retire early due to freak accidents on the track. Truth in 24 II, narrated by none other than British bad-ass action star Jason Statham, documents the running of the 2011 Le Mans 24 Hours race and how the last remaining Audi managed to overcome all of the competition, including three Peugeot 908s, to take home the overall No. 1 position.
What’s even more awesome is that Audi is providing both Truth in 24 and Truth in 24 II completely free of charge. You can download the debut Truth in 24 here, if you haven’t seen it yet, and then snag up Truth in 24 II here. It’s not too often that an automaker gives you something this cool for free, so take advantage of these free movies while you can. They are simply awesome.
Talk about a bombshell.
French automaker and Le Mans powerhouse PSA Peugeot Citroen has announced that Peugeot will be dropping out of Le Mans racing indefinitely. The news was first reported by Reuters, saying that the French manufacturer will be solely concentrating all their efforts on improving their sales figures for 2012, thus dropping any other endeavors, including in motorsports.
In a press release sent to the media, Peugeot confirmed this stunning turn of events, saying that "this decision has been taken against the backdrop of the challenging economic environment in Europe coupled with a particularly busy year for the Brand in terms of new vehicle launches."
The news that Peugeot is dropping out of Le Mans comes as a shock to a lot of racing fans, particularly those that have seen and witnessed the company’s recent dominance in the series, as well as its well-chronicled rivalry with Audi.
We’re not quite sure how the 2012 24 Hours of Le Mans is going to play out now that one of the perennial contenders has withdrawn their entry to the field, but Audi is probably uncorking a bottle of champagne.
The Peugeot 908 HDi won first place at the 24 Hours of Le Mans, but as is the case in the racing industry these days, last year’s championship car could just as easily be the following year’s also-ran, which proved to be true for the 908 HDi when all four cars who participated at this year’s installment of Le Mans failed to even make the finish line.
So with a need for a new racer to compete in 2011, Peugeot Sport has finally introduced the successor to the 908: the 90-X.
Technical details of the 90-X are still unknown as of this time as the car is still in the testing phase. According to Bruno Famin, Peugeot Sport’s technical director, the team is still exploring several options with regard to the engine and technology that’s going to be used in the 90-X. "Work on the engine’s development is ongoing,” he said. “Endurance racing is an ideal proving ground to provide us with the opportunity to showcase all the brand’s technologies."
Having said that, the closed cockpit 90-X supposedly passes all of ACO’s 2011 regulations, including the 900 kg weight limit. Peugeot also installed a new safety feature in the 90X – a “shark fin” – which was designed to prevent the race car from going airborne in the event of any unforeseen accidents.
Peugeot Sport Director Olivier Quenel said that preparations made for the 90-X are on schedule with track testing already taking place before the year ends. "I am pleased to report that we have now done that [test runs],” he said. “Even so, there is still a long way to go and a considerable amount of work to be done as we prepare for 2011."
The auto industry appears to be a land of partnerships, as a new one seems to pop up every day. The newest agreement comes from BMW and Peugeot, who have signed an agreement to jointly work on a new hybrid vehicle.
The two companies will work together in the effort to develop hybrid components for a front-wheel drive vehicle. This is no surprise since BMW has been discussing the possibility of a small front-wheel drive vehicle for the U.S market for some time now. Although we have had no official announcements on a new hybrid system, this new partnership could be just what the doctor ordered.
There is a chance that Mini might get in on this sharing effort, seeing as how Toyota is preparing an onslaught of new hybrid vehicles, including a Yaris-sized vehicle.
Peugeot have yet to make any noise on the possibility of a front-wheel drive hybrid, as most of their hybrids use batteries to turn the rear wheels, while the fronts are powered by a regular petrol engine.
This isn’t the first time that BMW and Peugeot have linked up, as the two have been working on engines for years. In February, the two signed an agreement to jointly work on a four-cylinder powerplant, which will be able to meet EU 6 requirements.