1970 Citroen Mehari on 2040-cars

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Marchionne now considering 'Plan B' partners for FCA merger

Okay Sergio, just stop. With the sting of rejection from General Motors CEO Mary Barra still fresh, Fiat Chrysler Automobiles CEO Sergio Marchionne is moving on and trying to find another automaker to merge with. FCA may not be giving up hope on a merger with GM, but that doesn't mean it isn't at least considering alternatives. Sergio's so-called "Plan Bs" include the Volkswagen Group, as well as smaller Asian outfits, like Mazda, Honda, Suzuki, and Hyundai. Bloomberg reports that France's beleaguered PSA Peugeot Citroen could as a sort of "fallback" option due to its relative lack of volume, an unidentified source claimed. There are, of course, problems with each option. According to Bloomberg, Volkswagen expects complete control of a company, but the Agnelli family, which holds a large portion of FCA stock, is loathe to relinquish its stake in the company. On top of that, VAG just isn't looking to make a deal right now. Mazda, meanwhile, is enjoying a new partnership with Toyota and Suzuki is partially owned by VW. Honda and Hyundai have never expressed any interest in a partnership with a western automaker. That kind of just leaves the French then, but even that remains a long shot. As Bloomberg tells it, PSA boss Carlos Tavares is still working on a turn-around plan, and would want at least another six months to execute before even considering a deal with FCA. And even then, Tavares hasn't given any indication that he's considering a pairing. News Source: BloombergImage Credit: Paul Sancya / AP Chrysler Fiat GM Honda Hyundai Mazda Suzuki Citroen Peugeot Sergio Marchionne FCA Mary Barra psa peugeot citroen

Daimler cutting Mercedes and Smart prices by 18% in Switzerland

Automakers including Daimler and PSA are now offering substantial discounts in Switzerland to make it more affordable for Swiss customers to buy their cars, according to the latest from Bloomberg. The move, instituted by two of Europe's largest automakers, comes in response to the surprise decision last week by the Swiss National Bank to suddenly abandon its longstanding policy of capping trading of the Swiss Franc to 1.20 francs per euro. The policy has sent the value of the franc soaring, making imports into Switzerland less expensive while increasing the value of its exports. The discounts being offered by the automakers could therefore be viewed more as price adjustments to better match the changing currency value rather than an actual incentive. But whichever way you look at it, a new Mercedes or Smart will now cost Swiss buyers 18 percent less than the list price, while Peugeot and Citroen dealers in the Confoederatio Helvetica are chopping 1,000 francs ($1,144) off the price of a new passenger car or 1,500 francs ($1,716) for a new commercial vehicle. Conversely, high-end Swiss watchmakers like Rolex and Patek Philippe are looking at increasing their prices to keep up with the currency fluctuation, particularly in Japan, where the yen has dropped 17 percent against the franc in the past few days. News Source: BloombergImage Credit: Sandro Campardo/Keystone/AP Mercedes-Benz smart Car Buying Citroen Peugeot switzerland

Citroen Ami flips at Grand Hotel Hairpin corner in Monaco

Monaco is known for a few things: casinos, rich people, yachts. But it's known among car people for its famed Formula 1 street circuit. If you visit, you can retrace that circuit, right down to its astoundingly tight Grand Hotel Hairpin. But think twice, or thrice, about what car you take on your tribute "lap," or you may end up like the overambitious driver of this Citroen Ami. Multiple people were recording when this Citroen Ami was ripping around the Grand Hotel corner, and a couple of those angles were shared on Twitter by user World Bollard Association. When the driver decided to come down the hill to the corner at what was likely the top speed or more of the tiny Citroen, it winds up on its side, sailing into one of the bollards on the sidewalk, preventing pedestrians from becoming bowling pins. pic.twitter.com/3IkvJidSsh — World Bollard Association™ (@WorldBollard) March 12, 2023 There are a number of factors that came together for this dramatic wreck. One of the foremost is the fact that the Ami was being pushed well beyond its limits. The electric car tops out at 28 mph from the factory, as it's meant to be a low-speed city car. It actually has a special classification in France that allows people to drive it without a license, making it more like a golf cart or scooter. It's designed around that idea of a slow commuter for tight city streets, too, being extremely narrow, but still fairly tall. It's not exactly meant to be taking corners quickly. As some have pointed out, British automotive TV show Fifth Gear demonstrated the car's lack of cornering stability, nearly rolling the car on a level turn. Then there's the corner itself. The Ami was being driven in the same direction as the Formula 1 race, which heads downhill into the hairpin. It's quite possible it was at or even beyond that 28-mph speed limit thanks to gravity. This also means that as the tipsy little car started turning in, it was already going to be leaning even a little further over than in most city corners. So with extra speed and an off-camber turn, the results were practically inevitable. If you find yourself looking to cruise around Monaco, remember that a glorified golf cart can't perform like a proper car. Correction: A previous version of this story incorrectly named the corner where the Citroen rolled. The name has been corrected to Grand Hotel Hairpin. Related video: Green Motorsports Weird Car News Citroen