1972 Citroen Sm on 2040-cars

Auto blog

Stellantis reports record margins, $7B profits despite chip shortage

MILAN — Automaker Stellantis on Tuesday said it achieved faster-than-expected progress on synergies and record margins in its first six months as a combined company, despite suffering 700,000 units in lower production due to interruptions in the semiconductor supply chain. The company — formed from French carmaker Peugeot PSAÂ’s takeover of the Italian-American company Fiat Chrysler — reported net profit of 5.9 billion euros ($7 billion) in the first half of 2021, compared with a loss 813 million euros during the same period a year earlier, which was impacted by the coronavirus restrictions around the globe. Shipments rose 44% to 3.2 million units, while revenues rose 46% to 75 billion euros. “We are very pleased with the speed with which the new team has begun to execute as one company, as Stellantis,Â’Â’ Chief Financial Officer Richard Palmer told reporters. Semiconductor shortages accounted for 200,000 units of production losses in the first quarter and 500,000 in the second quarter. Semiconductors are used more than ever before in new vehicles with electronic features such as Bluetooth connectivity and driver assist, navigation and hybrid electric systems. Stellantis achieved 1.3 billion euros in cost savings in the first half, mostly by sharing investments in new technologies and platforms, which Palmer said was a faster rate than initially forecast. It aims to achieve 80% of the targeted 5 billion in cost savings by 2024. “These synergies allow us to continue to invest in the electrification strategy, which we talk about every day,” Palmer said. Stellantis, which lags competitors in rolling out electric vehicles, plans to launch 21 fully electric or plug-in gas electric hybrid vehicles over the next two years. North American posted record profitability on global sales of Ram trucks and the strong launch of the Jeep Wrangler 4xe, which was the best-selling plug-in gas electric vehicle in the United States in the second quarter. Stellantis was the market leader in South America and second in Europe. The results were presented on a pro-forma basis, taking into account the performance of each of the carmakers as separate entities during 2020. Related video: 2021 Jeep Wrangler Rubicon 392 Inside and Out

Citroen C4 Cactus Airflow 2L promises 141 mpg, no door dings [w/video]

I'm the president of Autoblog's chapter of the Citroën C4 Cactus Appreciation Club. Full Disclosure: I'm also probably its only member. Why am I fan, you ask? Because the C4 and its ding-resistant Airbumps offer the versatility of a five-door Ford Focus, but it's 350 pounds lighter than today's Mazda MX-5 Miata, tipping the scales at just over 2,100 pounds. And when equipped with a diesel, it returns 91.1 miles per gallon (European), all while looking like the epitome of French quirkiness and style. I can't think of anything not to like about it, aside from the fact that I haven't actually driven it (Citroën, call me, we can change this).
For the 2014 Paris Motor Show, Citroen is bringing a new concept version of the Cactus. Unlike the Adventure Concept shown at the Geneva Motor Show earlier this year, the Airflow 2L Concept is focused on increasing the Cactus' already impressive fuel economy. Through a fanatical observance of aerodynamics and the shedding of a further 220 pounds of weight, the Airflow 2L Concept returns over 141 miles per gallon (in other words, it consumes just two liters of fuel per 100 kilometers, hence the "2L" in the name).
Aerodynamic drag has been reduced by 20 percent thanks to three adjustable intakes in the front fascia, which can open and close automatically based on driving conditions. Side deflectors divert air around the body while active shutters on the 19-inch wheels further cut down on drag even further. The old concept car trope of video cameras in place of traditional wing mirrors is present, ostensibly to further reduce drag, while Citroën has added an air curtain system on the front bumper to manipulate air around the wheels.

2013 Citro"en DS3 Cabrio puts its canvas back

The Citroen DS3 Cabrio bowed at the 2013 Geneva Motor Show. The drophead version of the French hatch retains its five-seat configuration and offers one of the largest cargo areas of any cars in the segment. The convertible uses a folding top akin to that of the diminutive Fiat 500C, wherein the roof rails remain in place while the canvas peels back in neat folds. As a result, the car looks just like its hardtop sibling with top up, and Citroen says buyers will be able to open the roof at speeds of up to 75 miles per hour.
The DS3 Cabrio will be available with three engine options, including an 82-horsepower, 1.2-liter three-cylinder, a 120-horsepower 1.6-liter four-cylinder and a 155-horsepower 1.6-liter four pot. Customers in the UK can expect to shell out 15,045 pounds for the base engine, though prices stretch all the way to 19,675 pounds for the 155-horse variant with no options.