2013 Dodge Charger Police on 2040-cars

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Dongfeng and PSA extend Chinese joint venture

BEIJING/PARIS — China's Dongfeng and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker's merger with Fiat Chrysler Automobiles (FCA). Dongfeng said on Thursday it had agreed with PSA to extend the duration of their joint venture Dongfeng Peugeot Citroen Automobiles (DPCA). Under the deal, the venture could get the rights to PSA's new brands in China and will benefit from new technologies and intellectual properties, the Chinese company said. PSA was not immediately available for comment. The announcement comes a day after the companies said Dongfeng would reduce its 12.2% stake in PSA by selling 30.7 million shares to the French company. Analysts said the move could smooth U.S. regulatory approval for PSA's roughly $50 billion (GBP38.97 billion) merger with Italian-American carmaker FCA. The sale of Dongfeng's shares in PSA, worth around 680 million euros ($757 million), will leave the Chinese group holding around 4.5% of the merged PSA-FCA, which is set to become the world's fourth-biggest carmaker by sales volumes. "As the cooperation between Dongfeng and PSA deepens, we expect the joint venture to continue making good progress in China," a Dongfeng representative said. On a conference call, Dongfeng said DPCA would have exclusive rights to PSA's Opel cars should the partners agree to bring the brand to China, and enjoy lower prices on car parts imported from PSA. Earlier this year, a document seen by Reuters showed Dongfeng and PSA plan to cut jobs at Wuhan-based DPCA and reduce its number of car plants to try to make the venture more profitable. Chrysler Dodge Fiat Jeep RAM Citroen Peugeot China FCA PSA Dongfeng

Redonkulous Dodge Charger is ridin' high

We're a bit hazy on the styling of this particular donk, which was recently spotted hashing about by HotCarsTV at the Southern Heritage Classic Car show in Memphis. Sporting a dope paint job and some wheels that make a blunt statement about what the driver enjoys, it's a unique take on the popular customizing trend.
The owner may be kiefing it real with the theme on this Dodge Charger, but when your car looks like this, it's easy to weed out from the crowd. Chronic police stops must also make it a pain to drive on a regular basis, though. Even with the big wheels, we bet the driver still finds time to light 'em up. Take a look down below for a brief video of this outrageous mean green machine on the road.

Help us decipher the cryptic license plate on the latest Dodge Demon teaser

If you've been following along, you know that the slow rollout of the Dodge Demon has been filled with hints and teasers of what's to come. Every release encourages fans to watch the videos over and over to try and catch any hidden info. Last week, brief a glimpse of the wheels in a video hinted at this week's reveal, 18x11 inch lightweight wheels wrapped in what the DOT barely considers street-legal rubber. Along with details on the custom Nitto tires, Dodge released an image of the Demon in all its wide-body glory. Planted on the back of the car is a cryptic Michigan license plate that reads #2567@35. It's obvious that this is another clue, but after a few hours of note taking, Google searches, and general discussion, we can't figure out what it means. We're throwing this out there in the hope that someone has better luck than we did. Here are some of the things we've ruled out: Address or coordinates 1/4 mile ET 1/4 mile trap speed Power Supercharger boost pressure Some event in 1982 A hint at gear or final drive ratio If you have some idea, post it in the comments. Related Video: