1967 Citroen Ds21 on 2040-cars

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Macron and Le Pen decry 'shocking' Stellantis CEO pay

PARIS — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried as “shocking” the multimillion euro payout to the CEO of carmaker Stellantis. Stellantis CEO Carlos TavaresÂ’ remuneration package of 19.15 million euros just a year after the company was formed became an issue as Macron and Le Pen campaigned ahead of the April 24 runoff vote. Polls show purchasing power and inflation are a top voter concern. Stellantis was formed last year through the merger of PSA Peugeot and Fiat Chrysler Automobiles. Centrist President Emmanuel Macron, perceived by many voters as being too pro-business, called the pay package “astronomical” and pushed for a Europe-wide effort to set ceilings on “abusive” executive pay. “ItÂ’s shocking, itÂ’s excessive,” he said Friday on broadcaster France-Info. “People canÂ’t have problems with purchasing power, difficulties, the anguish theyÂ’re living with, and see these sums. Otherwise, society will explode.” Far-right leader Marine Le Pen, who enjoys support from many working-class voters, called for bringing in more workers as shareholders. “Of course itÂ’s shocking, and itÂ’s even more shocking when it is the CEOs who have pushed their society into difficulty,” she said Friday on BFM television. “One of the ways to diminish this pay, which is often out of proportion with economic life, is perhaps to allow workers in as shareholders.” Stellantis continued to back the package despite a 52.1% to 47.9% vote rejecting it at an annual shareholders' meeting chaired from the Netherlands, where the company is legally based, on Wednesday. The company, citing Dutch civil code, noted that the vote is advisory and not binding. The company later said in a statement that it took note of the vote, and will explain in an upcoming 2022 remuneration report “how this vote has been taken into account.” In the 2021 report, the company identified peer group companies that it used as a salary benchmark, including U.S. companies like Boeing, Exxon Mobile, General Electric as well as carmakers Ford and General Motors. Stellantis, whose brands include Peugeot, Fiat, Jeep, Opel and Maserati, reported net profits last year had tripled to 13.4 billion euros ($15.2 billion). The French government is the third-largest shareholder in Stellantis, with a 6.15% stake through the Bpifrance Participations S.A. French public investment bank.

2013 Citro"en DS3 Cabrio shows trick folding top to the world

Citroën's DS3 line has been a huge success in its home market of France ever since the car was launched in 2009. Sitting in the fat-middle part of the luxury category, it only makes sense that a convertible variant for the DS3 pop up sooner or later - and later is the Paris Motor Show.
The 2013 DS3 Cabrio should provide a stylish roofless option for European customers when it goes on sale in the beginning of 2013, especially as it boasts the same buttoned-down bodylines of the standard hatchback. That pattered, fabric roof affair slides and folds neatly away automatically, and can come to rest in one of two positions. The whole affair reminds us a lot of the rag roof on the Fiat 500C, albeit fitted to a vehicle that is far more useful for back seat passengers.
While we already shared most of the details of the car, our gallery of live images is worth a browse, even if you're not mad for all things Citroën.

Junkyard Gem: 1959 Citroen ID19 Sedan

Citroen introduced the motoring world to the Traction-Avant in 1934, and that front-drive unibody machine was so futuristic that it stayed in production all the way through 1957. Naturally, Citroen had to make the Traction-Avant's successor even more radical, and the result was an engineering and styling masterpiece that seemed like something dropped down to the planet from a superior alien civilization: the DS, pronounced "Deese" (Goddess). In order to have a more direct replacement for the bargain-priced late Traction-Avant, a cheaper version of the DS known as the ID (pronounced "Idee," meaning "Idea") was introduced in 1957. Today's Junkyard Gem is an early example of the ID, found in a self-service yard just south of Denver, Colorado. This car is very rough, a basket case that appears to have spent about 50 years alternately roasting and freezing in the High Plains weather. The roof was pried off long ago and the interior is suitable mostly for families of raccoons. It's one of more than 100 vehicles from the 1930s through 1970s that are in the process of being placed in the regular U-Pull-It inventory, as a storage lot of vintage machinery gets emptied out. In addition to this Citroen, there are two Edsels, a Borgward Isabella, a pair of Austin Princesses and nearly two dozen 1964-1973 Ford Mustangs and Mercury Cougars. This is only the fourth Citroen I've documented since I began writing about wrecking-yard inmates in 2007, after a 1961 ID19 wagon, a 1973 SM and a 1987 CX GTI. The ID became the D Special for 1970, and Citroen sales in the United States ceased after 1973. These cars were amazingly comfortable with their hydropneumatic suspensions and cushy seats, but most American car shoppers felt they were both too weird and too expensive for their taste. Then there was the matter of engine power; the 1959 ID19 had a 1.9-liter pushrod straight-four rated at 66 horsepower and 97 pound-feet. The list price for this car was $2,833, or about $29,806 in 2023 dollars. Meanwhile, a new 1959 Mercury Monterey four-door sedan cost a dollar less than the '59 Idee sedan (we can assume that those setting Mercury prices in Dearborn at that time were paying a lot more attention to GM prices than Citroen prices, so the single-buck difference is likely just coincidence), and the Merc came standard with a 312-cubic-inch (5.1-liter) V8 rated at 210 horsepower and fins that looked like something off a Redstone nuclear missile.