Customized 1993 Ford Ranger Xlt on 2040-cars

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EU formally questions French government assistance of Peugeot's finance arm

Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.

2015 Ford Mustang GT [w/video]

At 50 years old, the object of fantasies, a tuner's dream, a movie star and more than nine million strong, it couldn't be truer to say that the Ford Mustang needs no introduction. This newest Mustang, however - making the biggest changes we've seen to the pony car since perhaps 1964.5 - is something Ford has been introducing all year.
We went on a Deep Dive, covered the way it looks when it was revealed, detailed the engine specs, got a ride in the EcoBoost and listened to the V8, got rolling footage and watched it do a standard-feature burnout.
The only thing left to do? Drive it. Having now done so for a few hours around Los Angeles, what we can tell you is to forget everything you know about the Mustang. This new car shames the old, redefines the model and gallops far ahead of anything else in the segment.

Ford open to diesel, hybrid or electric Mustang? [w/poll]

The Ford Mustang may not be the first vehicle that comes to mind when you think of environmentally-friendly forms of transportation. The arrival of the turbocharged four-cylinder engine in the new Mustang could do a lot to combat that perception, but the EcoBoost engine may just be the tip of the iceberg in that regard.
Speaking with Ford powertrain boss Bob Fascetti at the reveal of the new Mustang in Australia, GoAuto reports that the Blue Oval automaker is considering offering its latest pony car with a diesel, hybrid or even electric powertrain in the future.
"We're not looking at diesel at the moment, but given where we need to go with fuel consumption we are looking at all our options," said Fascetti. Other options could include a nine- or ten-speed automatic transmission to replace the current six-speed unit in order to help improve fuel economy and emissions for the Mustang, although figures for the current lineup have yet to be revealed.