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PSA-Opel marriage sets out to conquer the world

PSA seems very confident about conquering the world. The purchase of Opel/Vauxhall for €2.2 billion ($2.3B) from General Motors makes PSA the second largest car company, just behind the Volkswagen Group, but taking over Renault-Nissan’s spot.

Jean-Philippe Peugeot, a family shareholder of PSA, said that they have already discussed a potential acquisition of Opel back in 2012, as early as when the General Motors made a deal with the French company. However, it was not the right time for the marriage of both companies so they waited until this year to announce their plan to the public. He also added in his interview with a German newspaper that PSA wants to go global in the coming years. Thus, the goal was set to “conquer the rest of the world step by step”.

The acquisition includes: Opel/Vauxhall’s automotive operations, the brands they carry, assembly and component manufacturing facilities, an engineering center in Deutschland, and all their employees. Now that Opel is part of the PSA group. It is a big help for the company’s plan to achieve important economies of scale, and this means manufacturing at least three million cars for a core market. Robert Peugeot (Chairman of the PSA Group’s strategy committee) further explained himself and said that “all large carmakers have a volume of three million cars in one important market.

Read the entire article PSA-Opel marriage sets out to conquer the world

PSA Group inks deal to acquire Opel and Vauxhall from General Motors

Now, it has been signed. Discussions over the possible acquisition of Opel/Vauxhall from General Motors by the PSA Group have finally reached a conclusion. The parties, including international banking group BNP, have finally inked an agreement in which GM is selling both its automotive and financial operations in Europe for a whopping EUR2.2 billion (around $2.33 billion).

According to the terms of the agreement, PSA will be acquiring Opel and Vauxhall – GM’s automotive operations in Europe – for EUR1.3 billion (around $1.38 billion). PSA and BNP Paribas are forming a 50-50 joint venture to acquire the European operations of GM Financial at 0.8 times of its pro forma book value or around EUR900 million (around $953 million). Thus, the transaction – the sale of Opel/Vauxhall automotive operations and GM Financial’s entire European operations – has a total value of EUR2.2 billion.

PSA’s share of the entire transaction -- Opel/Vauxhall and half of GM Financial’s European operations – will cost the French group around EUR1.75 billion (around $1.85 billion). BNP Paribas’ share of the transaction – 50 percent GM Financial’s European operations – will cost the banking group around EUR450 million (around $476 million).

Read the entire article PSA Group inks deal to acquire Opel and Vauxhall from General Motors

Instinct Concept is officially unveiled by Peugeot

Peugeot officially revealed the Instinct Concept and once again provided evidence why it has a perpetual place at the top when it comes to concepts.

While the Instinct does have an eye-catching design, it serves more than that as the way the body was formed makes it clear that the goal was to make it aerodynamic for the fuel efficiency to be maximized. Rather than utilize standard mirrors, this concept car instead makes use of cameras. In fact, there are even additional cameras that have been placed within its headlights, which use light-emitting diodes, and thus allow it to check the road ahead. Any information gathered are then sent to the different assistance systems and even the safety systems. Since the Instinct is completely autonomous, the driver can decide when to take control of this vehicle.

On the inside, one will observe that are few physical controls with the whole interior having that hi-tech feel. For instance, in the center console’s middle is a 9.7-inch display that has touchscreen capabilities. This is in line with the vision of Peugeot’s when it comes to the i-Cockpit. It offers two modes with the first being “Autonomous” and the second mode which is “Drive.”

Read the entire article Instinct Concept is officially unveiled by Peugeot

GM confirms holding talks to sell Opel to the PSA Group

It looks like Opel/Vauxhall will have a new owner soon. This comes as the PSA Group and General Motors are currently holding talks over the possibility of GM selling its Opel unit to the French carmaker.

The discussions were first reported by Reuters and Bloomberg News, citing sources. In a recent statement, GM confirmed that the two carmakers are exploring several strategic initiatives with the objective of improving profitability as well as operational efficiency. GM added that the discussions included a potential acquisition of Opel Vauxhall by the PSA Group. GM also noted that the carmakers have been in alliance since 2012, with the partnership covering three projects in Europe.

Selling Opel to the PSA Group wouldn’t be an easy thing to do for GM. There are quite a number of financial, industrial and political considerations that needed to be factored in. That said, both GM and PSA could also earn some benefits from such transaction.

Read the entire article GM confirms holding talks to sell Opel to the PSA Group

Are auto shows becoming more irrelevant in this digital age? If you ask the marketing director of French carmaker Peugeot, Guillaume Couzy, the answer could be yes. This comes as Couzy disclosed that the Peugeot would not be taking part in the 2017 Frankfurt Motor Show scheduled for September next year. To note, Peugeot participated in the previous edition of the auto show, unveiling several remarkable vehicles in the process.

Missing an auto show could mean loss of several opportunities for a carmaker. Carmakers are usually selective in which auto shows they would want to take part in. Auto shows serve as good marketing tools to introduce upcoming and new products as well as to excite customers about future and possible offerings. Thus, if a European carmaker wants to market a certain SUV in the United States, it could unveil its new vehicle in the New York Auto Show or in the Detroit Motor Show.

Likewise, if a Japanese carmaker wants to make it big in Germany or France, it could showcase its offerings in the auto shows in Frankfurt or Paris. Automotive press and journalists attending these events offer wide coverage and reach. Thus, missing an important auto event like the Frankfurt Auto Show could result to lesser coverage, and ultimately lower sales.

Read the entire article Peugeot to skip 2017 Frankfurt Motor Show to focus on digital marketing

After Citroen C-Elysee revealed its new facelift a few weeks ago, the Peugeot 301 apparently had its own makeover done too. Well, the French company armed its most affordable model with refreshing features in time for 2017. As a matter of fact, Peugeot will be producing the enhanced version of the 301 sedan in Vigo, Spain. For those who didn’t know yet, this is also where Citroen C-Elysee had its facelift. Okay, so this is not a coincidence.

All things considered, what we see on the restyled Peugeot sedan are mostly what anyone would expect after an extreme makeover. By incorporating the brand’s irresistible styling cues, the front end now looks way different from the current model. The refreshed 301 now features a new bumper with LED daytime running lamps, tinted headlights and new radiator grille with chrome accents. Added at the rear are the new tail lamps with 3D design. But that’s just to name a few.

For its interiors, the 301 now has a new infotainment system complete with a 7-inch touch screen for its monitor. The same touch screen can also emulate what’s on the owner’s smartphone device with the use of Mirror Screen’s triple play connectivity. In addition, Peugeot now offers the new model with 3D TomTom navigation system plus a reversible camera for more options.

Read the entire article Peugeot 301 gets ready for the New Year with an irresistible facelift

Around a hundred years ago, on May 30, 1916, a Peugeot L45 piloted by Dario Resta emerged victorious at the Indianapolis 500 race, cruising at an average speed of 135 km/h. It was one of the three wins that Peugeot and the "Charlatans" team carved on the Indy 500 speedway between 1913 and 1919. Now, the sports car maker is unwrapping a futuristic interpretation of this winning spirit as a tribute to those victories – the new Peugeot L500 R Hybrid. Featuring an asphalt-hugging body, a wide track, a low profile of just one meter in height, and a weight of only 1,000 kg, the new Peugeot L500 R HYbrid is definitely built to perform.

It is powered by a plug-in hybrid petrol powertrain developed by Peugeot Sport teams. This hybrid powertrain employs two electric motors - one on the front and another on the rear – and a 270 hp petrol engine with a total output of 500 bhp and peak torque of 730 Nm. This powertrain is enough to make the Peugeot L500 R HYbrid accelerate from zero to 100 km/h in just 2.5 seconds and reach a kilometer in just 19 seconds.

In terms of styling, the Peugeot L500 R Hybrid features sleek lines flowing from the lion badge on the radiator grille towards the driver, and then in a streamlined rear feature. On the rear, these lines highlight the three unique rear lamp claws that now serve as part of the brand’s current design.

Read the entire article Peugeot L500 R HYbrid Concept pays tribute to century-old L45

Right after what has been dubbed as the “Dieselgate scandal”, car sales have been rough for German automaker Volkswagen. Good thing they have their scrumptious fallback – the Volkswagen Currywurst. Manufactured for over forty years within the car’s manufacturing plant, this Volkswagen-made sausage is now its saving grace.

Volkswagen has sold more than 7.2 million sausages in 2015, better than the 5.82 million cars sold on the same year. It’s funny to think that this famous German automaker is now holding on to dear life through its famous currywurst.

A bit of a twist of fate, don’t you think? Contrary to popular belief, Volkswagen is not the only automaker to have ventured beyond its car manufacturing plants.

Read the entire article Six Unusual Things Automakers Also Produce

Peugeot 908 RC is a sports car which gets its power from a Peugeot V12 HDi DPFS engine. ‘RC’ denotes the car’s sporting appeal and links to the RC concept cars which made their first appearance for Honda in 2002 and as such, had heavily influenced the design and feel of the 908.

The impetus behind the design was to produce a luxurious vehicle that offered charm and sophistication. This four door vehicle is both practical and impressive, offering comfort with its design as well as environmental protection. Powered by a diesel particulate filter system engine, the V12 HDi DPFS was designed with the Le Mans Race Series programme (2007) in mind.

With a 5.5 litre capacity, a top power output of over 515 kW, and outstanding torque greater than 1,200 Nm, it certainly lives up to its racing potential. This is in part achieved due to the engine’s low centre of gravity. Using a 100-degree V shaped angle, the engine sits low on the ground maximising aerodynamics and grip control.

Read the entire article Peugeot 908 RC: Luxury and power for the environmentally conscious driver

The PEUGEOT 2008 first rolled out in the automotive market in 2013 and instantly became a hit, especially to British customers. The buyers liked the idea of elegance and dynamic performance integrated into one spectacular vehicle. Since then, sales volume has been consistently blooming. Over 500,000 units have already been produced globally. In Europe, the success is demonstrated by a firmly established podium place in the segment.

About 40,000 units have been sold in the United Kingdom (UK) alone since its arrival in 2013. Today, the PEUGEOT 2008 is taking on a more elaborate and appealing SUV design. Built for everyday use, the PEUGEOT 2008 comes with wheel arch extensions (from Allure level), scuff plates (from Allure level), and new vertical front grille. The new Ultimate Red color further states the boldness of the PEUGEOT 2008.

The all-new 'GT Line' model complements the Access, Active, and Allure levels. The trim level has always been a top choice on other PEUGEOT models such as the 208, 308, and 508. It boasts an athletic theme matched with red or black colored features. The compact SUV offers unparalleled performance and unique driving experience. Its sharp styling signifies its new strength and character and increases the vehicle's robustness and delivery.

Read the entire article Facelift Peugeot 2008 compact SUV is unveiled

PSA Peugeot Citroen and Toyota Motor Europe have unveiled the products of their cooperation deal inked in 2012 – the new Citroën SpaceTourer, Peugeot Traveller, and Toyota ProAce. The unveiling serves as the continuation of the carmakers' 2012 cooperation agreement signed in 2012.

They had agreed at the start of their cooperation that both would collaborate on next generation vehicles until beyond the end of the decade.

Their collaboration is aimed at making both PSA and Toyota come up with a competitive product in the mid-size, light commercial vehicle, shuttle and Combi segments while incurring lesser expenses due to development and production cost optimization.

Read the entire article 2016 Citroen SpaceTourer, Peugeot Traveller, Toyota ProAce vans unveiled

Airbus Helicopters is showcasing its latest civil helicopter, the H160, at the Dubai Airshow slated on November 8-12, 2015. The H160 is a new medium-twin helicopter designed to perform a variety of duties like public-service missions, emergency medical services and offshore platforms as well as private business and aviation.

Commercialization of the H160 will commence next year. Airbus Helicopters launched an in-house style competition for the design of the next chopper, with an aim to get inspiration externally while creating a new benchmark in helicopter style.

This competition was won by designers at PEUGEOT Design Lab who then commenced work on the new helicopter, then known as the X4. The initial plans for the X4 were then adapted, developed and fine-tuned by Airbus Helicopters’ own design team.

Read the entire article Airbus displays Peugeot-designed H160 civil helicopter at Dubai Airshow

For the first time since the 1990s, the Peugeot GTi badge will be making a comeback with the upcoming launch of the 308 GTi by Peugeot Sport high-end performance hot hatch. The Peugeot 308 is already known as a winner, as evidenced by the prestigious 2014 European Car of the Year it had received.

Now, this hatch is turned into a high-performance model thanks to the extensive development of Peugeot Sport, a team of Peugeot sport engineers with vast expertise and success in the field of performance road car and international competition.

A 308 with the GTi is quite exceptional, as the letters -- an acronym of Grand Tourer Injection -- are only featured on high-performance Peugeot vehicles. Interestingly, the French brand already etched a name in the hot hatch segment with the introduction of GTi cars like the 205 GTi and 309 GTi.

Read the entire article 2016 Peugeot 308 GTi hot hatch arrives in November, prices start at £26,555 in UK

French carmaker Peugeot has unveiled an updated version of the Peugeot 2008 DKR, which marked its debut with a breathtaking participation at the epic Dakar Rally in January. 

With inputs from Dakar experts like Stéphane Peterhansel (11-time Dakar champ), Carlos Sainz (a two-time world rally champion and former Dakar winner) and Cyril Despres (a five-time Dakar winner on bikes), engineers were able to precisely analyze and implement possible improvements to create the latest version of the 2008 DKR.

Peugeot gradually applied the improvements and assessed them by conducting a series of tests. The tests culminated in a one-two finish for Peterhansel and Despres on the recent China Silk Road Rally. Peterhansel and Despres piloted an interim-specification car, which basically was the 2015 model that had been fitted with several development parts for the 2016 version.

Read the entire article Peugeot unveils updated 2008 DKR16 rally car

Just in time for the 2015 Goodwood Moving Motor Show and Festival of Speed, Peugeot unveiled the all-new 308 GTi. Available in two versions with 250 hp and 270 hp, the new hot hatch was developed by Peugeot Sport engineers and features several visual enhancements such as exclusive front and rear ends, full LED headlamps, a black radiator grille with horizontal chequered pattern and gloss black finishing.

In addition, the same motif is found on the air intake, surrounded by sequential LED indicators, red detail strip or chrome on Ultimated Red cars, as well as two front spoilers. Seen from the side, the Peugeot 308 GTi sits 11 millimetres closer to the ground, features 18-inch Diamant alloy wheels on GTi 250 version and 19-inch Carbone alloy wheels for the GTi 270 hp.

Moreover, the GTi 270 version features race-developed 380 mm ventilated discs at the front, mounted on aluminum hubs. Furthermore, the vehicle features a wider 1,570 mm track at the front and 1,554 mm at the rear. The exclusive Coupe France two-tone design will be available exclusively on the GTi 270 version and costs 1,300 GBP, featuring the Ultimate Red colour with Nera Black.

Read the entire article Peugeot 308 GTi debuts with 1.6-liter engine and up to 270 hp

PSA/Peugeot-Citroen is willing to enter partnerships with other automakers to spread the cost of designing and building minicars, according to PSA CEO Carlos Tavares. The company has an existing cooperation agreement with Toyota Motor Corp. – a deal that Tavares said is “moving very smoothly, very collaboratively."

He explained that he aims to sustain PSA's cost-sharing effort with Toyota in minicars. He told reporters who attended the Shanghai auto show that if there are other auto companies who want to join in and share costs, he will talk about it with partner Toyota. However, he confirms that PSA is open to being in partnership with other companies to share expenses.

Since 2005, Toyota and PSA have been producing a jointly developed minicar at their joint plant in the Czech Republic. Toyota badges this car as the Aygo, Peugeot calls it the 108, and Citroen sells it as the C1. Toyota said that this plant presently is capable of manufacturing 340,000 cars a year for all three brands.

Read the entire article PSA/Peugeot-Citroen is open to team up with other automakers for minicar production

Just a year after PSA/Peugeot-Citroen launched a major turnaround plan, it has announced a plan to raise production in Europe by 10% as the market recovers and the demand for its models become stronger. The restyled Peugeot 208 subcompact and newly launched Citroen C4 Cactus crossover are two of the models that have been in demand.

From May to August, PSA will increase its output by 60,000 units. There has been an increase in European registrations that may make the recovery targets cited by CEO Carlos Tavares appear too conservative in comparison. In March 2015, the automaker’s sales increased by 8.9% while the total market experienced an 11% gain.

The mid-market brands like Peugeot and Citroen seem to have gained better footing, doing better than the plain budget cars that did well even during the downturn. In a statement, PSA announced that all three of its brands (Peugeot, Citroen and DS) will increase their volumes. Over this period, the production of the C4 Cactus in Madrid will go up by 9,000 units more.

Read the entire article PSA/Peugeot-Citroen will boost European production by 10%

Early this month, Peugeot presented its version of the food truck during a special preview put together by Paris event venue Le Carreau du Temple. Peugeot stayed true to its goal of delivering high-quality food in an urban setting. The Peugeot Food Truck is compact and has short front and rear overhangs that offer improved manoeuvrability.

Meanwhile, it can handle a substantial load volume with its long wheelbase. By spreading the wings, the food truck can double its width and this provides a space that’s versatile and can be used in various events and surroundings. Aside from areas for food preparation and dining, Le Bistrot du Lion also comes with a DJ booth.

For the unfamiliar, the Peugeot Music brand has launched the new digital music platform that offers web radio and exclusive playlists. The Peugeot Foodtruck comes with all that’s required to feed 30 patrons inside Le Bistrot du Lion. It comes with several standing tables that all have Umbrosa parasols.

Read the entire article Peugeot Food Truck Concept will sell you sandwiches almost anywhere

PSA/Peugeot-Citroen has decided to go with a French plant instead of a plant in Vigo, Spain, for its plan to expand engine production. The automaker aims to produce 200,000 more engines annually. For this project, the company chose to build the turbocharged version of a three-cylinder engine that was already being produced in the Tremery plant located in northeastern France.

This plant will have to be upgraded to accommodate the increase in production. This move is seen to protect local jobs. According to manufacturing head Yann Vincent, PSA based its decision on how the Tremery plant was able to reach competitiveness targets as well as on the unions’ concessions related to productivity.

Vincent asserted that this added production will not result in the net increase in jobs. In fact, attrition will still cut some of the plant’s workforce of 3,700 members. He added that the decision to boost domestic production had a strictly economic basis.

Read the entire article PSA/Peugeot Citroen will upgrade French plant to boost engine production

Many of you folks were expecting the 308 GTI at the 2014 Paris Motor Show but instead that hot hatch, Peugeot brought the 308 GT. Still, the French manufacturer is working on the 308 GTI and this new model will arrive with 250 or 270 hp. Plans for the new vehicle were revealed during a presentation of the company’s Peugeot Sport arm.

We expect the new 308 GTI to get the same 1.6-liter four-cylinder THP engine used by the RCZ R but also found on the 308 R Concept, developing up to 270 hp (199 kW) and 330 Nm (243 lb-ft) of torque.

The engine is capable to push the RCZ R from 0 to 100 km/h (62 mph) in 5.9 seconds, while offering a top speed of 155 mph or 250 km/h.

Read the entire article Peugeot confirms 308 GTI with 250 or 270 hp
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