Forget all about PSA Peugeot Citroen. It’s dead. Well, the name, anyway.
As part of its five-year corporate strategy, dubbed “Push to Pass,” the French automaker is rebranding itself as Groupe PSA and dropping hints of a tentative return to the U.S. market.
PSA’s sales and profitability are growing again thanks to a new product strategy and a bailout by the French government, but CEO Carlos Tavares wants to see more gains by branching out into new markets.
Volvo set a corporate high-water mark for speed today by launching two new Polestar models, each with enough power to make a tenured Vermont professor blush.
Dropping two cylinders while gaining 22 horsepower, the upgraded S60 and V60 Polestars are part of Volvo’s effort to boost the visibility of its performance division.
The 2.0-liter Drive-E four-cylinder in the S60 and V60 Polestar (replacing the previous blown straight six) was worked over by Polestar engineers to make 367 horsepower and 347 pounds-feet of torque. The mill, which makes 240 horsepower in T5 models, gains muscle from a supercharger, larger turbocharger and air intake, and a higher-capacity fuel pump.
If you didn’t think an electric car could stall, Volkswagen has a Golf-sized dose of reality for you.
That, Jeep’s Compass/Patriot successor wants to woo south of the Equator, General Motors gets some good legal news, there’s money in them there charging stations, and Volvo gets a PR boost … after the break!
Nissan’s product pipeline has all the flow of a crusted-over faucet, and that’s not good for business.
That, automation is insidiously infiltrating cars all around you, Mercedes-Benz goes all in on AMG, Jaguar teases China with something special, and foreigners flee the Russian automotive landscape … after the break!
A top Ram executive is heading to Brazil next week as the truck maker increasingly cozies up to the idea of adding a smaller pickup to its lineup.
The trip comes after Mike Manley, global head of Fiat Chrysler Automobiles’ Jeep and Ram brands, told The Detroit News that an “opportunity” exists in the U.S. midsize pickup market.
“I think that space is big enough, certainly, to have two offerings there,” Manley said at last week’s New York Auto Show, referring to the recently-announced Wrangler pickup and a hypothetical Ram model.
Toyotas will soon be screeching to a halt everywhere and that should make its rivals jealous.
That, BMW unleashes the robots on the workers, eccentric automaker picks a place with funny-sounding names, General Motors isn’t falling out of love with China, and Mercedes-Maybach to get a rival … after the break!
Americans might finally start to see a few of these so-called “Jeeps” roaming around their hometown.
That, Mark Fields can pick up everyone’s tab, eight (speeds) isn’t enough at General Motors, the Phaeton ends its long farewell, and GM Korea wants out of its slump … after the break!
Old car? Can’t get a driving job? Not a problem.
If you’re looking to drive for the ride-sharing service Lyft in Chicago, General Motors wants to get you into a new Chevrolet Equinox.
Under its Express Drive program, Lyft drivers whose own cars don’t meet the company’s standards can finance an Equinox at a declining rate — starting at a maximum of $99/week — with insurance and maintenance included. Read More >
With the Saab brand now functionally dead, could the next quirky car du jour for individuality-signalling Americans come from France?
All eyes will be on PSA Peugeot Citroen on April 5 as France’s top automaker reveals its new international growth strategy, possibly heralding a return to the long-abandoned U.S. market.
The U.S. and Iran are being looked at as potential export markets, now that PSA’s “Back in the Race” restructuring program has improved the financial fortunes of the once-struggling automaker. Read More >
Ford Motor Company has decided it wants to do more than just sell cars and trucks.
On March 11, the automaker announced the creation of a new business subsidiary in the hopes of becoming a leader in the field of mobility services.
Ford Smart Mobility LLC will be headed by former Steelcase CEO Jim Hackett, who will leave Ford’s board of directors in order to take on the new position.
Ford joins a growing list of automotive rivals looking to diversify their operations by investing in the emerging field, the most prominent aspect of which is ride-sharing and ride-hailing services.
Subaru, worried that it might be losing its coolness, could be planning to rebel against its new-found mainstream image.
That, Big Battery picks up steam, Tesla’s stock turbulence continues to amaze, NASCAR wants Millennials to watch a race, and Porsche thanks its lucky stars for SUVs … after the break!
Gasoline is gloriously cheap and the automotive industry is taking a break from the tiresome “more mpg” game.
That, Christmas comes early for Volkswagen employees, Carlos Ghosn has a plan to save big bucks, Google is luring more humans and Bentley can’t build enough SUVs for the “you call this caviar?!” crowd … after the break!
Amsterdam’s port facility is more crowded than a Walmart on Black Friday and it’s all China’s fault.
That, BMW wonders how it all went wrong, Millennials bare their souls to a salesman, Toyota walks down memory lane, and a safety regulator has some explaining to do … after the break!
The Environmental Protection Agency is pointing at its watch and glaring at Volkswagen.
That, an opening for the Swedes, an electric propulsion prediction, a high-end guy gets a new job, and Tesla gets targeted in Hoosierville … after the break!
Fiat Chrysler Automobiles CEO Sergio Marchionne on Wednesday said the automaker would rely more heavily on profitable Jeeps and Rams in North America and Europe to help its business remain profitable in other sagging areas and regions.
“We are not of the view that this industry is facing an impending demise,” Marchionne said before announcing FCA’s adjusted earnings of $1.78 billion in the fourth quarter.
Marchionne and CFO Richard Palmer said Jeep’s success in North America and Europe led the company last year and would be the “bedrock” for the automaker’s future. The automaker laid out specific plans to bring forward a Jeep pickup and Wagoneer, and let wither less-profitable models such as the Chrysler 200 and Dodge Dart. Read More >
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