1987 Citroen Cx25 25gti on 2040-cars

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Citro"en DS3 tears the roof off

The Citroën DS3 Cabrio we first saw at the 2012 Paris Motor Show has launched in the UK, putting more Gallic-tinged, canvas-roofed convertible goodness on the automotive menu. Competing directly against cars like the Mini Cooper Convertible and Fiat 500C, Citroën believes it's got a winner because on top of the DS3's already popular chops the Cabrio maintains the five-seater space and the largest cargo area in the segment.
You can open and close the roof at up to 75 miles per hour - the Citroën release doesn't say whether that means all the way or to the intermediate, horizontal position. Buyers get seven exterior colors to select from, a roof in either black, Infinite Blue or Moondust Grey DS Monogramme, six interior decor styles, and nine wheel options.
There are three trims, the DSign with the 82-horsepower VTi engine is the backstop of the line at 15,045 pounds ($23,747 US) on-the-road, the DStyle with the 120-hp VTi for 17,425 pounds ($27,507 US) and the DSport with its 155-hp THP motor for 19,675 pounds ($31,201 US). The press release below will be happy to tell you more.

FCA and Peugeot reportedly agree on merger

Citing a Wall Street Journal report, the Detroit Free Press says "Fiat Chrysler and PSA Groupe have agreed to merge." The Journal reported on talks between the two car companies only yesterday. It's said that Peugeot's board met yesterday to approve the deal, FCA's board met today, and an announcement could come as soon as tomorrow, Thursday. Both automakers have released statements, but neither company has released any information beyond admitting to ongoing talks. If the merger happens, the combined entity would become the world's fourth-largest carmaker with a $50 billion valuation, slotting in behind Toyota, the Volkswagen Group, and the Renault Nissan Mitsubishi alliance. Among the merger options possible, "an all-stock merger of equals" is the one analysts and Moody's seem to give the best grade. The reported merger would come about four months after FCA walked away from merger talks with Renault. FCA said the French government scuppered those talks over the role of Nissan in a reformed entity, but there were also brewing issues with French unions, and ongoing turmoil among Renault and Nissan leadership thanks to continuing fallout from ex-CEO Carlos Ghosn's arrest last year. FCA makes most of its revenue in the U.S. and rules Italy, while Peugeot is the second-best-selling automaker in Europe with its own brand in France and Opel in Germany. The two companies already have a partnership in Europe making vans, one that FCA CEO Mike Manley has spoken highly of. Among the list of obvious benefits in a potential merger, FCA would get access to Peugeot's small, modern platforms, $10.2 billion in cash, and electrified and hybrid architecture developments, the latter especially important to FCA as those are fields where it lags. Peugeot would get much easier access to the U.S. market, and the money-printing brands Jeep and Ram. A merged carmaker would have combined sales of nearly 9 million a year, based on 2018 results. By comparison, both Volkswagen and Toyota sell over 10 million cars a year, while the Renault-Nissan-Mitsubishi alliance almost 11 million. Peugeot CEO Carlos Tavares has proved he knows how to do turnarounds and mergers. After leaving a position as Carlos Ghosn's right-hand man in 2012, Tavares took over Peugeot in 2014, navigated a bailout from the French government and China's Dongfeng Motors in 2015, and turned PSA into a regional powerhouse.

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.