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PSA's purchase of Opel from GM is expected to be finalized soon

PSA's purchase of the Opel/Vauxhall division from General Motors is expected to be officially announced on Monday, according to The New York Times. PSA, the parent company of European automakers Peugeot and Citroen, will reportedly hold a joint press conference with GM in Paris to announce the deal. GM has worked as part of an alliance with PSA in Europe since 2012. The deal could be a big boon for both companies. For PSA, the addition of Opel and Vauxhall into its fold would catapult the automaker into second place behind Volkswagen for European marketshare, and would allow the company to spend research and development costs across a greater number of vehicles. And GM, which has struggled in recent years to turn a profit with its European division, would be able to focus more squarely on the areas where it's most profitable and to invest in future technologies like automation. But the deal isn't without its potential pitfalls, primarily for PSA. GM hasn't been able to make a success of Opel and Vauxhall, and it's not a sure bet that PSA will, either. What's more, the addition of Opel and Vauxhall doesn't expand PSA's reach any further into new markets, like China or India. The NYT cites data from Ferdinand Dudenhoffer, a professor at the University of Duisburg-Essen in Germany, showing that 70 percent of PSA and Opel business is done in Europe, a market that has been shrinking since 1999. We'll have to wait a few days to see exactly how the deal between PSA and GM will be structured. We're also curious to see how the loss of Opel may affect GM's lineup in the States, especially for Buick, since the company's Regal sedan is based on the European Opel Insignia. In other words, stay tuned. Related Video:

GM and PSA detail four new co-developed vehicle projects

New details have emerged this morning regarding a partnership between General Motors and PSA Peugeot-Citroën. Following talks that started back in February, the American and French automakers will apparently team up to develop several vehicles, including a small MPV for Opel/Vauxhall and a compact crossover for Peugeot. Also planned is a small car for both Opel and Citroën.
Additionally, the two companies will co-develop a low-CO2-emitting small car platform to underpin the next generation of Opel and PSA models. The detailed plans call out a midsize platform to be shared between Opel/Vauxhall and Peugeot/Citroën.
As much as $2 billion in savings are expected in the next five years as a result of this venture. In a statement from GM and PSA, "All four projects will be developed combining the best platform architectures and technologies from alliance partners."

Citroen C1 Urban Ride imagines a more rugged city car

The French auto brands certainly haven't been afraid to display a plethora of concepts at the 2014 Paris Motor Show. We've seen everything from the imagined future of CUVs to a very weird looking hatchback. Citroën is adding one more to the tally with its C1 Urban Ride that tries to make a European city car look a bit more rugged, highlighting the model's customization potential in the process.
Whether the concept succeeds at tough-looking goal is up for debate, but the Urban Ride has its suspension lifted a whole 0.6 inches, with a 0.4-inch wider track. To show off its aspirations, the front bumper, wheel arches and side sills all get some black cladding for claimed protection, and there's a set of black wheels, too. The rest of the concept gets some eye-popping yellow paint.
There are actually two versions of the Urban Ride on display - the 5-door hardtop and the Airscape (pictured above) with a retracting roof. Citroën is taking votes at the show to see which one people like more. Scroll down to read more about this rugged little hatch concept.