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Citro?n heading to Beijing with DS 5LS R concept [w/video]

With the renaissance of the DS line, Citroën was clearly going for style and elegance. But in the years since it has also imbued some of its premium DS models with an added dose of performance. It used the DS3 as the basis for its World Rally Championship challenger, then rolled out the DS3 Racing hot hatch and the DS3 Cabrio Racing version, and applied a similar treatment to the DS4 Racing concept. Now it's doing the same to the Chinese-market DS 5LS luxury sedan.
Set to debut later this month at the Beijing Motor Show, the somewhat awkwardly named DS 5LS R may sound more like a new camera model but is actually a performance sedan concept. In its transformation, Citroën gave it a 1.6-liter turbo four with 300 horsepower on tap, lowered the suspension by 15 millimeters (0.6 inches), widened the track, upgraded the brakes, fitted 20-inch wheels and gave it looks to match.
The bodywork has been doused in a matte metallic shade of reddish magenta and accented with carbon-fiber trim, while the interior has been upgraded with leather and Alcantara trim, top-stitched in the same red as the exterior and similarly accented with carbon trim. Of course R logos feature prominently throughout. No matter what we think of it, though, a concept car based on a model made by a French automaker for the Chinese market stands absolutely no chance of ever seeing the inside of an American showroom or an inch of the Great American Road, so the closest we're ever likely to get is the high-res image gallery above and the video and press release below.

Peugeot maker PSA posts record profits ahead of FCA merger

PARIS — Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. PSA has trimmed costs in areas such as the procurement of components as it has integrated its acquisition of Opel and Vauxhall, boosting operating margins to 8.5% last year. The group, which also produces cars under the Citroen and DS brands, offset a slump in vehicle sales by selling pricier SUV models, with launches including the Citroen C5 Aircross helping to lift revenues by a higher-than-expected 1% to $81.2 billion (74.7 billion euros). That helped it stand out in a car market where some rivals including France's Renault have struggled with sliding revenues and profits, amid a broader downturn in demand. PSA's group net profit increased 13.2% to a record 3.2 billion euros, and the company increased its dividend against 2019 results to 1.23 euros per share, up 58% from 2018 levels. The carmaker was "once again very solid", analysts at brokerage Oddo-BHF said in a note, adding the results confirmed the company's "best-in-class status." However PSA forecast a 3% contraction in Europe's car market this year, by far its biggest market. The tie-up with Fiat Chrysler will help it gain exposure to that group's strong presence in North America with brands like Jeep. The two companies struck a deal in December to create the world's No.4 carmaker, to better cope with market turmoil and the cost of making less-polluting vehicles. Fiat also posted more upbeat results than most rivals this year. CORONAVIRUS WEIGHS PSA boss Carlos Tavares told a news conference that the two groups were both in good shape and well placed to face market challenges together. He said he did not expect any major regulatory hurdles to the merger, adding it had so far submitted 14 approval requests to competition authorities out of the 24 it needs. There are no immediate plans to change anything in the large portfolio of brands within the combined group, he added. However the companies still face problems this year, including the coronavirus outbreak which has paralyzed production in China and hits carmakers' supply chain. PSA said the coronavirus impact was still difficult to assess. It factories in Wuhan, at the epicenter of the outbreak, are due to reopen in the second week of March.

Peugeot returning to Pikes Peak with S'ebastien Loeb [w/video]

In spite of troubles in other areas - and there are plenty of them - sales of the Peugeot 208 are a bright spot for the French carmaker. Attempting to grab that light and make sure it shines everywhere, the company is returning the Pikes Peak International Hill Climb on June 30 with a specially prepared 208 driven by nine-time World Rally Champion Sébastien Loeb.
Citroën has loaned Loeb to its PSA/Peugeot-Citroën sister company so that he could contest his first Pikes Peak - it only makes sense that he's looking to try new pastures after winning all of those World Rally Championship titles with Citroën. The 208, which will have the start number '208,' will be revealed in April. Peugeot has won the race twice, once with Ari Vatanen in a 206 T16 in 1988 and again the next year with Robby Unser in a 405 T16.
To get you ready, there's a press release and a short film below called Climb Dance which follows Vatanen's drive. We highly recommend a watch - better vintage car porn is hard to find.