1980 Peugeot 205 Gti 1.9 on 2040-cars

Auto blog

Dongfeng to take 30% stake in PSA Peugeot Citro"en?

PSA Peugeot Citroën, the European automaking giant responsible for forbidden fruit like the Citroën DS3 and Peugeot RCZ, has been struggling mightily, with a 510-million euro operating loss ($689.2M USD) in the first half of 2013, while cutting over 11,000 jobs and closing a plant, all in a bid to stop hemorrhaging cash. Help could be on the way, though, thanks to one of China's many emergent automakers, Dongfeng.
The company, which currently operates three joint-venture operations with PSA in China, is reportedly looking at taking a 30-percent stake at a cost of $1.63 billion. Dongfeng is in the midst of "preliminary research," according to a report from Automotive News Europe. PSA reps have reportedly declined to comment outside of saying that the company is looking at new projects with different partners.
While this deal does sound like it's in the earliest stages, a tie-up with Dongfeng could be big for PSA, which has had no shortage of trouble outside of the sluggish European market. The arrangement also raises some interesting questions for PSA's two largest shareholders - the Peugeot family and General Motors. Dongfeng would be the largest shareholder in PSA, replacing the Peugeot family, which currently holds a controlling 25.5-percent stake. GM, meanwhile, only owns seven percent, and has previously gone on record as saying the partnership between the two wouldn't be broken. That said, as part of GM's alliance, it reserves the right to end the partnership if control of PSA were to change.

The 2013 Peugeot 2008 is a global crossover with efficiency at its heart [w/video]

It was always going to be hard for Peugeot to follow the blind-man-can-see-it neon paint of the 2008 Concept car - which was seared onto our retinas in Paris last year - but that doesn't mean the production version of the CUV here in Geneva is unattractive. The rather more sane white paint still covers pert, attractive lines on the new French crossover, and the Peugeot folks certainly have high hopes that European shoppers will feel good about it, too.
The Peugeot 2008 is a B-Segment follow-up to the automaker's larger 3008 CUV, and is set to go on sale in the spring of this year. The 2008 will be offered in Europe, Asia and Latin America, and is therefore a pretty big deal for the recently struggling Peugeot.
The goal of the 2008 is to offer a package that is usefully sized for urban environments, but with enough flexibility for customers that travel outside city streets. To that end, Peugeot has equipped the front-drive crossover with its Grip Control system, which allows for terrain and condition specific programming by the driver. Standard, Snow, All-Terrain and Sand modes all provide distinct operational programming to maximize traction.

Peugeot details 2008 DKR with 340-hp diesel [w/video]

It would be all too easy to write off Peugeot Sport these days. The French automaker's competition division, once run by FIA president Jean Todt (before he was head of Ferrari), hasn't competed in Formula One in 14 years, in the World Rally Championship in nearly a decade, and shut down its Le Mans Prototype program - the only one to really challenge Audi in the modern era - two years ago.
Peugeot is still racing, though - it's just selecting individual events instead of entire seasons in one series or another. It conquered Pikes Peak last year with Sébastien Loeb and posted the top time at the Goodwood Festival of Speed with the same car and driver just last weekend. And next year, it will take on the famously grueling Dakar Rally with the 2008 DKR.
The French outfit announced the new off-road racer in March and revealed it in April, but it kept the key technical details a secret until now. As development progresses, Peugeot has revealed that the 2008 DKR packs a twin-turbodiesel V6 mounted amidships and driving 340 horsepower to only two wheels (presumably the rear ones) instead of all four.