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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

Dodge muscle cars, armored Jeep to star in Furious 7 [w/video]

We're less than a month away from the smorgasbord of speed, stunts and shooting that is Furious 7, and it arrives in theaters on April 3 as one of the first big films of the year. Starring Fast and Furious regulars Vin Diesel, Paul Walker and Dwayne "The Rock" Johnson, plus Jason Statham as the big villain, this entry looks to be another exciting addition to the franchise. With such a major movie that features cars as much as the actors, it shouldn't be a surprise that an automaker is getting in on the action as a promotional partner. FCA US supplied nearly 30 vehicles for the film, including prominent roles for a 2015 Dodge Charger, Challenger R/T and armored Jeep Wrangler Unlimited. To really play up the connection, the automaker has laid out a global advertising campaign featuring its models. The marketing includes a variety of unique spots with the cars appearing online and in music videos. Among them in the US is a TV ad called Flash to the Future (embedded below) for the Challenger. Hopefully, Furious 7 can live up to all its pre-release hype. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Cars, Movies and Music Come Together as Dodge Partners with Universal Pictures and Atlantic Records on 'Furious 7' 'Furious 7' opens April 3 and features 2015 Dodge Challenger, Dodge Charger R/T and 'armored' Jeep® Wrangler Unlimited Dodge launches multitier marketing initiative to promote action-thriller, including 'Flash to the Future' television ads for U.S. markets and across international countries, and Furious 7 web landing page at www.dodge.com/en/furious-7 Dodge vehicles also showcased in new music videos of songs from Atlantic Records 'Furious 7: Original Motion Picture Soundtrack,' available in stores and at online retailers March 17 March 9, 2015 , Auburn Hills, Mich. - Dodge, which has been a part of the blockbuster Fast & Furious franchise since its inception, announced today a promotional partnership with Universal Pictures for "Furious 7," in theaters April 3, and a first-ever partnership with Atlantic Records on music videos that support the label's "Furious 7: Original Motion Picture Soundtrack," available March 17 and available now for pre-order at http://smarturl.it/furious7.

Jeep Rubicon Alaska Cannonball overlanding trip, part 6 | Mucking with the Mudbudz

Our man Jonathon Ramsey is driving a Jeep Wrangler Rubicon on a 14-week, 14,000-mile journey across North America. Check out his first, second, third, and fourth, and fifth installments. GREAT FALLS, Montana — This is not the last time I'll write this: No stock vehicle on sale in the U.S. today can match the capabilities of the 2018 Jeep Wrangler Rubicon. I discovered that during the first here-goes-nothing off-road excursion on my Rubicon Alaska Cannonball run, two days of crashing around Cadomin in Alberta, Canada. This adventure is also where I discovered muskeg, a bog muck I prefer to call "swamp guts." That's a picture, above, of our first meeting. Getting high-centered was my fault, not the Wrangler's. You'd get hung up on things, too, if you were carrying 800 pounds in your rear. But we'll get to that. We left off in Tuktoytaktuk. I departed the Arctic on a Sunday afternoon with my patched spare tire, headed for a meet-up with the MudBudz Wheelin' crew in Hinton, Alberta. Turning back from boreal climes, the whole ball of Earth welcomes all who return. Sparkling lakes and mossy tundra framed Yellow Brick Roads made of dirt. This time I'd drive slow enough to avoid another unfortunate meeting with volcanic shard, if possible. E-load-rated BFGs, the equivalent of a 10-ply tire, were stock fitment on the JK Wrangler. On the JL, Jeep switched to a C load rating, the equivalent of a six-ply tire. The thinner construction means lower rolling resistance, a softer sidewall for a better ride, and better gas mileage. For 2.5 hours, I bounded and rebounded over 90 miles of pulverized highway to Inuvik. I filled the tank, then hit the Dempster at the onset of another drawn-out Arctic twilight. A hazy moon hung above the spruce as I descended to the MacKenzie River ferry crossing. As on the drive up, a million times I wanted to stop for photos, but I had to get across the Peel River further down the road before the ferry stopped. I never got to see the southern stretch of the Dempster in daylight. On the run north, I'd arrived at the Peel at dawn. I did get to see the Northern Lights again, the fifth straight night of " Star Trek" interludes. The lights were so bright I could shoot them with my phone. I also saw two bright yellowish dots glowing down the road, reflecting the wave of illumination thrown by the Mopar five-inchers. Eyes. Around 50 yards away, I made out a massive moose. I crept closer. Moose are crazy.