2005 Ford Expedition 5.4 Liter V8 on 2040-cars

Auto blog

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.

Ford patent seeks to monitor driver health while on the road

Ford now has a patent on tech to monitor drivers' changing health behind the wheel and potentially share that information with their healthcare provider. The rather simple idea revolves around a vehicle that would have an account-based system to keep track of people. In an emergency, this technology could even contact paramedics. Ford's patent is titled Medical data acquisition and provision, and the implementation really only requires specialized software and sensors. The documents acknowledge that many people don't keep close track of themselves medically, and this could be a solution. In the company's description, the tech would only gather a person's heart rate and weight. A wireless device in the vehicle would ensure that the info is being collected on the right person. Certain thresholds could also be programmed, and drivers and their doctor could be warned if there's a problem. The solution, while intriguing, might be a little too Big Brother for those with privacy concerns. According to the patent, if a person's healthcare provider wants to take a look at the stored data, than the owner needs to grant permission first. Then, the system can send the info wirelessly. Just because it's been patented doesn't necessarily mean it will hit the market, but an increasing number of people are keeping closer tabs on their health with devices like the Fitbit band. Ford's tech could potentially find some fans among these folks.

IIHS crash tests second F-150 bodystyle

Sometimes, being the king comes with some extra scrutiny. At the urging of Automotive News, the Ford F-150 is the first truck to have multiple cab configurations crash tested by the Insurance Institute for Highway Safety. According to Automotive News, IIHS was preparing to release the crash-test report on the 2015 F-150 after the safety watchdog evaluated the popular, four-door SuperCrew body. However, the agency learned from AN that configuration contained steel bars welded around the front wheels for added protection. Those reinforcements aren't on the other cab variants, and IIHS is now going back to check a SuperCab without the strengthening to check its safety performance, as well. While the added bars might help the SuperCrew score better in the vital but difficult small-overlap front crash test, there's no guarantee that's their sole purpose. As the head of the IIHS crash lab Joe Nolan indicated to Automotive News, if Ford were just trying to beat the system the company could only put the reinforcement on the driver's side where the agency does the small-overlap test. Also, when the National Highway Travel Safety Administration checked the latest F-150, the Feds gave all three cab styles top, five-star overall ratings. Due to the additional testing, IIHS won't have the F-150's scores ready until July, according to Automotive News. Starting next year, the cab variants of other trucks will also starting being crash tested by the agency. Related Video: