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Citro?n C1 gets eyebrows... no, seriously [w/video]

Citroën has revealed its new C1 city car, marking the first full redesign of the popular hatch since it debuted way back in 2005. Set to make its global debut at next week's Geneva Motor Show, here are all the particulars on what should prove a popular offering in European markets. The C1 is essentially Citroën's version of the Toyota Aygo and Peugeot 108, both of which are set to make their own debuts in Geneva.
Available in both three and five-door versions like its predecessor, the new C1 adds a convertible-like Airscape model, which delivers an open-roof experience for budget drivers.
The exterior, meanwhile, is reminiscent of the old C1, but fresher and funkier. There's no other way to describe the secondary set of lights but as eyebrows, although that's no bad thing. This is a cute car, and among budget city cars looks count just a bit more (because there isn't much else worth bragging about, usually).

PSA shares rise following FCA's breakup with Renault

Shares in Groupe PSA, parent company of automakers Peugeot, Citroen and the DS brand, rose on Thursday as analysts considered the possibility that Fiat Chrysler could turn back to PSA after withdrawing its $35 billion merger offer for Renault. "Both parties have acknowledged the need for scale or [mergers and acquisitions] and may pursue other opportunities. If Nissan was an obstacle (to an FCA-Renault deal) PSA-FCA discussions could resume," wrote brokerage Jefferies. Back in March at the Geneva Motor Show, rumors started swirling that PSA was interested in a potential merger with FCA. Mike Manley, who took over at the helm of Fiat Chrysler following the death of Sergio Marchionne, had indicated a willingness to look into potential partnership options. Of course, that was all before FCA proposed a merger with Renault — with that deal now off the table, attention naturally turns back to PSA, which is also based in France. "We expect both shares to react negatively but see FCA having wider strategic options and Renault shares more downside risk near-term," said Jefferies. According to Reuters, PSA shares were up 1.5% at the time this was published, making it the top-performing stock on France's benchmark CAC-40 Index. Renault saw its shares slump 7%. Shares for FCA fell 3% in early trading on the Milan Stock Exchange. Considering that FCA said in its statement confirming the withdraw of its merger offer with Renault that "political conditions in France do not currently exist for such a combination to proceed successfully," we have to wonder how keen the company is to begin negotiations with another French automaker like PSA. Those thoughts were similarly voiced by Bernstein Research analyst Max Warburton, who said (via Forbes), "Expect PSA to rise on unrealistic hopes it may be FCA's next date." Earnings/Financials Chrysler Fiat Mitsubishi Nissan Citroen Peugeot Renault FCA renault-nissan

Seinfeld tours with Citro"en 2CV and French standup in latest CiCGC

Jerry Seinfeld has released his latest Comedians in Cars Getting Coffee, and the new episode is dedicated to all things French. Or at least as French as one can get in New York City. The show follows a 1950 Citroën 2CV and French comedian Gad Elmaleh as both try to endure Seinfeld's attempts to navigate the metropolis. Of course, Seinfeld and Elmaleh spend plenty of time stalled in the ancient piece of budget French engineering between stops at various French establishments around the city. There are French Fries, which turn out to be from Belgium, baguettes and, as you might expect, coffee.
You can watch the duo ham it up in the clip below. Our favorite moment? Watching the Citroën drop to one cylinder in downtown traffic. Hilarity ensues.