1967 Dodge Dart Convertible 440 on 2040-cars

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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

Race Recap: Rolex 24 at Daytona was fast and feisty

Let the record show that victory at the 2015 Rolex 24 at Daytona went to the No. 02 Chip Ganassi Racing with Felix Sabates Target/Ford EcoBoost Riley DP driven by Verizon IndyCar drivers Scott Dixon and Tony Kanaan and NASCAR drivers Jamie McMurray and Kyle Larson. The winner did 740 laps to cover 2,634.3 miles in 24 hours and 57.667 seconds. That's a statement to this year's pace in spite of 18 cautions, two more than last year: the Michael Shank Racing Ligier got pole with a time of 1:39.194, slower than last year's pole time of 1:38.270; however, the winning car last year only did 695 laps. The fight for top honors was shaved to a four-car battle over the first third of the event. The No. 02 Ganassi car took the lead on the first lap, swapping it well into the night with the No. 01 Ganassi car, the No. 10 Wayne Taylor Racing Corvette DP, and the defending champion No. 5 Action Express Corvette DP, all of them staying within about 20 seconds of one another. The Action Express car had a fuel connector come loose and lost three laps getting towed back to the pits to have it reattached, but was back in the lead 18 hours in. The No. 01 Ganassi car dropped out with recurring clutch problems 22 hours in, retiring not long after. A race-within-the-race is where the concluding action happened, a seven minute, 30-second dash from the end of the last caution to the checkered flag. During the penultimate pit stops with an hour to go, Dixon was in second place followed Jordan Taylor in the Wayne Taylor Racing DP into the pits but beat him out, taking the lead. The Action Express car was in third. In the last pit stops of the race, Dixon gained even more time, getting a four-second advantage over Taylor. Then a full-course caution came out twenty minutes before the finish when a Prototype Challenge car hit the wall and caught fire, bunching up the field. That closed the pits, but the Wayne Taylor Racing car had to pit during that yellow because of a miscalculation of driver time. No driver can be behind the wheel for more than four hours in a six-hour period but Jordan Taylor was going to go over, so he came in to swap out for brother Ricky. That cost the team any chance of second place, since they took an additional drive-through penalty for entering closed pits. When the track went green again, Sebastien Bourdais in the Action Express car stayed all over Dixon for the final five laps but couldn't get around him.

2020 Dodge Challenger 50th Anniversary Commemorative Edition puts on a Smoke Show

To celebrate the semicentennial of the Dodge Challenger this year, last November the muscle car brand announced a Challenger 50th Anniversary Edition. Available in seven of Dodge's high impact colors, Dodge said production would be limited to 1,960 cars, being 70 examples in each of the seven colors. Keeping the good thing going, the brand has just announced another 50th anniversary special, this one a Commemorative Edition with no cap on build numbers. The Commemorative Edition can be ordered on three 2020 Challenger trims, the R/T, R/T Scat Pack, and R/T Scat Pack Widebody, omitting the rear-wheel drive V6 GT model that can be configured as a 50th Anniversary Edition.    The Commemorative car is nearly identical to the Anniversary car. Outside, that means a Satin Black, hand-painted hood and black-wrapped roof and decklid, the Hellcat's air intake headlights, Satin Black fuel filler cap, Gold School-colored wheels, Gunmetal-colored brake calipers on trims that come with red Brembo brakes, and tons of badging all over from the illuminated "50" logos in the headlamps to the Satin Black Dodge logo in the taillamps. The interior gets sepia stitching on the heated and cooled performance seats, more sepia thread on for the Alcantara door bolsters, white gauges with yellow accents, berber floor mats, real carbon fiber trim pieces, and a bunch more badging. Paying homage to its elder, on startup a 1970 Challenger appears in the gauge cluster animation. Dodge says dealers will begin taking orders for the new celebrant this month, with deliveries to commence in the fall. The optional package adds $4,995 to the price of a 2020 Challenger R/T, $5,495 to the price of the R/T Scat Pack, and $5,495 to the cost of the R/T Scat Pack Widebody before the $6,000 cost of the widebody package itself. Whereas the 50th Anniversary car came in any of Dodge's eye-candy colors — F8 Green, Frostbite, Go Mango, Hellraisin, Sinamon Stick, TorRed, or the all-new Gold Rush — the Commemorative Edition is limited to the tamer end of the color palette, available in Granite, Indigo Blue, Octane Red, Pitch Black, Triple Nickel, White Knuckle, and the new Smoke Show hue. That latter color replaces Destroyer Gray, and can be ordered on the Charger as well. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.