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Dongfeng to take 30% stake in PSA Peugeot Citro"en?

PSA Peugeot Citroën, the European automaking giant responsible for forbidden fruit like the Citroën DS3 and Peugeot RCZ, has been struggling mightily, with a 510-million euro operating loss ($689.2M USD) in the first half of 2013, while cutting over 11,000 jobs and closing a plant, all in a bid to stop hemorrhaging cash. Help could be on the way, though, thanks to one of China's many emergent automakers, Dongfeng.
The company, which currently operates three joint-venture operations with PSA in China, is reportedly looking at taking a 30-percent stake at a cost of $1.63 billion. Dongfeng is in the midst of "preliminary research," according to a report from Automotive News Europe. PSA reps have reportedly declined to comment outside of saying that the company is looking at new projects with different partners.
While this deal does sound like it's in the earliest stages, a tie-up with Dongfeng could be big for PSA, which has had no shortage of trouble outside of the sluggish European market. The arrangement also raises some interesting questions for PSA's two largest shareholders - the Peugeot family and General Motors. Dongfeng would be the largest shareholder in PSA, replacing the Peugeot family, which currently holds a controlling 25.5-percent stake. GM, meanwhile, only owns seven percent, and has previously gone on record as saying the partnership between the two wouldn't be broken. That said, as part of GM's alliance, it reserves the right to end the partnership if control of PSA were to change.

GM, Peugeot strains kills joint small car, possibly whole alliance

The relationship between General Motors and PSA/Peugeot Citroën got off to a bumpy start last year, and Automotive News says that the tie-up between the two automakers will be short-lived. Heavy losses from both companies is causing the alliance to be scaled back, but PSA's talks with China's Dongfeng could kill the deal altogether.
Originally, about 40 shared vehicles were planned between Opel, Peugeot and Citroën, but the report says that, in the end, only two will make it to production - small vans like the Opel Meriva and Citroën C4 Picasso. For now, GM and PSA will continue a joint purchasing agreement, but this means that co-developed versions of the next-gen Opel Corsa, Peugeot 208 and Citroën C3 small cars are dead. Instead, another AN report says that GM will intensify its efforts to develop future Opel products on its own, which includes said next-gen Corsa that will reportedly switch from its current Fiat-based platform to GM's Global Gamma platform shared with the Chevy Spark and Buick Encore.
It isn't clear what would happen with the shared vehicles and joint purchasing, though, if Dongfeng manages to acquire a 30-percent stake in PSA/Peugeot Citroën. Dongfeng is a Chinese rival to SAIC Motor, which works with GM in China. While this soured deal mostly has implications for small cars in Europe, we wonder what it means for GM's fullsize commercial van plans in the US.

DS 6WR channels Citro?n Wild Rubis into Beijing

Citroën has unveiled preliminary images and information about "the first ever SUV for the brand," the DS 6WR, before the model's official debut at the upcoming Beijing Motor Show. Said to be directly inspired by the Wild Rubis concept that bowed in Shanghai last year, the new addition to the DS family breaks new ground for the French brand, while not exactly living up to the SUV tradition.
The DS 6WR will slot in at the top of the brand's luxury-oriented DS range (where it will also be built), offering space and versatility along with added size for Chinese customers. Citroën is as-yet unclear if the model will make it to Europe, or elsewhere in the world.
The French automaker will initially offer the utility vehicle with a choice of two engine options, an e-THP 160 and THP 200 - those numbers seem to reference output in metric horsepower, meaning roughly 158 hp and 197 hp, respectively. Each mill offers both direct injection and a twin-scroll turbo, and both mate up to a six-speed automatic gearbox.