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PSA Is Already Working On Vehicles For The US, Are Being Developed With Help From Opel 19
Jan
Posted by Michael Gauthier in opel, PSA, Reports, USA on 01 19th, 2018


Groupe PSA has plans to return to the United States and the company will lean heavily on Opel engineers who previously helped General Motors bring the Cascada and Insignia to America as Buicks.
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Opel Skipping Geneva Show As It Has No New Products To Present 17
Jan
Posted by Cristian Gnaticov in Citroen, DS, Geneva Motor Show, opel, PEUGEOT, PSA, Reports, vauxhall on 01 17th, 2018


Opel and Vauxhall have kicked off the year with a major announcement: they won't attend the 2018 Geneva Motor Show.
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UK Business Minister Meets With PSA’s Boss Over Vauxhall Cuts 11
Jan
Posted by Michael Karkafiris in opel, PSA, Reports, UK, vauxhall on 01 11th, 2018


UK’s Business Minister Greg Clark is meeting with PSA boss Carlos Tavares in Paris to discuss the recently announced job cuts at Vauxhall’s Ellesmere Port factory.

PSA said that around 250 more jobs will be cut from Vauxhall’s factory in northwest England, on top of the 400 cuts announced last year, reducing the plant’s output to a single shift.

“The company explained that although the initial voluntary separation program at its Ellesmere Port plant announced in October has been successful, it needs to initiate a further voluntary program for eligible employees of a further 250,” PSA said in a statement.

So far PSA hasn’t clarified if it considers closing down Vauxhall’s factory which currently produces the Astra model for both Opel and Vauxhall.

Reuters reports that Clark and Tavares will discuss a number of issues and that their meeting has been planned for some time.

PSA is expected to decide this year whether to build new models at Vauxhall’s factory, with the final decision to showcase UK’s ability to attract new investments as the country leaves the EU.

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PSA Group Debuts New PHEV Tilting Light Vehicle Concept 6
Dec
Posted by Cristian Gnaticov in concepts, PEUGEOT, Peugeot Concepts, PHEV, PSA on 12 6th, 2017


If you still think Renault’s wacky Twizy is an interesting little EV, then you’ll likely grow fund of PSA’s latest concept.

Unveiled by the EU-LIVE (Efficient Urban Light Vehicle) consortium and funded by the European Commission, it’s part of the automaker’s ‘Push-to-Pass’ plan to deliver new mobility solutions, slotting “between the two-wheel and four-wheel segments”.

It’s 2.4m (7.87feet) long and 0.85m (2.79feet) wide, features scissor-like doors to maximize its efficiency in tight parking spaces, and has a heated cabin with an airbag and seatbelts, thus making rider gear unnecessary.

Despite its scooter apperance, it can be used on motorways as well, but it does require a driving license.

PSA claims that the concept is as easy to drive as a three-wheel scooter, thanks to its tilting mechanism that offers improved handling, and roll-control technology, which makes use of hydraulic components and a hydropneumatic suspension.

Power comes from a plug-in hybrid drivetrain that combines a 42hp single-cylinder petrol engine and two electric in-wheel motors, developed by Elaphe and Brembo, plus a 48-volt electric battery designed by Samsung SDI. The study has a total driving range of 300km (186miles), including 70km (44miles) in zero-emission mode. As for its top speed, it can hit 130km/h (81mph).

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GM Was Reportedly Losing $12,000 On Every Opel Ampera-E 4
Dec
Posted by Brad Anderson in Electric Vehicles, GM, opel, Opel Ampera-e, PSA, Reports on 12 4th, 2017


In the short time that the Opel Ampera-e was sold in Europe under GM ownership, the carmaker was reportedly losing 10,000 euros ($11,900) on every vehicle it sold.

On the back of reports that PSA wants a refund of almost $1 billion from GM following its purchase of the Opel brand, Reuters has uncovered the costs which GM was sustaining when selling the European variant of the Chevrolet Bolt.

As Inside EVs reports, this isn’t good for PSA. When negotiating a deal with General Motors, the French multinational manufacturer would have thought the Opel Ampera-e could play an important role in it reducing emissions across Europe to meet stringent standards. However, the company is now left in a position of losing extraordinary amounts of money in continuing to sell the Ampera-e or killing off the vehicle and risk failing to meet EU emissions regulations.

On paper, the Opel Ampera-e has all the right figures to be an exceptionally popular EV available to the masses. In September, a pair of journalists in Germany were able to travel 754.9 km (469 miles) on a single charge with the Ampera-e, despite the hatchback ‘only’ having a NEDC estimated range of 520 km (323 miles).

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PSA Reportedly Seeking Huge Refund From GM Over Opel’s CO2 Target Emissions 30
Nov
Posted by Michael Karkafiris in GM, opel, PSA, Reports, vauxhall on 11 30th, 2017


PSA Group wants around half of the money it paid GM for Opel back, after reportedly discovering the full extent of the German company’s CO2 challenges and exposure to future European fines.

Citing inside sources, Reuters reports that PSA has already informed GM that it believes it’s owed 600 to 800 million euros and intends to pursue a legal claim, claiming it was misled about Opel’s emissions strategy. PSA paid GM 1.3 billion euros for the acquisition of Opel/Vauxhall.

Earlier this month PSA said that it’ll need to move Opel models onto its own, more fuel-efficient technology faster than originally planned in order to cut the German company’s CO2 emissions before the new EU limits are imposed from 2020-21, which happen to be backed by some rather large penalties.

EU has set a 2021 deadline for carmakers to reduce their average CO2 emissions from 130g/km today to 95g/km. The task has been described as enormous for carmakers, especially with diesel sales steadily declining as customers switch to petrol cars.

This has sparked big investments in smaller engines and new technologies, including plug-in hybrids and all-electric powertrains. According to the new emissions rules, companies that will miss their targets will have to face fines of 95 euros per vehicle, per excess gram of CO2, which could add up to hundreds of millions of euros on a yearly basis.

PSA believes that GM has misrepresented Opel’s CO2 challenges and emissions trajectory during negotiations and due diligence prior to the acquisition deal as hinted by PSA Group’s CEO Carlos Tavares.

“We became aware a few weeks after we finalised the closing that the company was going to the wall on CO2 emissions,” he said on November 9 after presenting their significantly revised turnaround plan for Opel. “We put our teams to work to completely rebuild the product and technology strategies. If you fail to comply (with EU rules) the weight of fines you are hit with can threaten the company’s existence.”

According to sources, one of the most unpleasant surprises was a CO2 compliance plan presented by GM that relied on significant sales of the Opel Ampera-e, the rebadged version of the electric Chevrolet Bolt, which was priced at a loss close to 10,000 euros ($11,860) per car.

“Their technical solution was economically unviable and would have led to enormous losses,” said one source. “So the first thing you do is drop that (product) line, but then the fleet emissions explode.”

PSA has already suspended Norwegian sales of the Opel Ampera-e -where it sold most of its 1,500 deliveries to date- and has increased its European pricing by 5,700 euros ($6,760).

In the end, Opel’s real situation appears to be even worse than described prior of the sale, according to PSA sources who said that the company is on course to miss its CO2 targets by more than 10gr/km. Such a big difference from the EU’s targets could incur fines approaching 1 billion euros ($1.2 billion).

That’s why PSA is now rushing out plug-in hybrid or electric versions of the Grandland X, Crossland X and the next Corsa supermini that were not part of the French company’s original plan.

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2018 Citroen Berlingo And Peugeot Partner Vans Get 3008’s Upscale Interior 27
Nov
Posted by Michael Karkafiris in Citroen, Citroen Berlingo, Citroen Scoops, opel, Opel Combo, Opel Scoops, PEUGEOT, Peugeot Partner, Peugeot Scoops, PSA, Scoops on 11 27th, 2017


The latest spy shots of the PSA Group’s next Citroen Berlingo and Peugeot Partner twins allow us to take a peek inside the new van for the first time.

These reveal a very un-van-y interior as it appears that PSA is going to use the same “i-Cockpit” design philosophy that kickstarted with the Peugeot 3008.

As you can see, the dashboard features the infotainment system on top of the central air-vents, with the gear lever positioned higher and closer to the steering wheel.

The existing generation of PSA’s LCVs has been around since 2008, making them the oldest models in the segment. The new ones will apparently feature more of everything, including better fuel economy, bigger dimensions and of course more volume for loading stuff. Payloads are expected to increase, with reports suggesting the new LCVs to offer at least one tonne.

Also the new generation of the Citroen Berlingo/Peugeot Partner will gain another identical sibling in the form of the Opel/Vauxhall Combo. All three models are expected to distance themselves from one to another, with different lights all around, front fascia and possible some interior touches. The vans are also expected to feature the 1.2-liter three-cylinder PureTech petrol unit as well as a new 1.5-liter HDI diesel engine.

All three models will be produced at PSA’s Vigo factory in Spain, with their debut set around spring 2018, possibly at the Geneva Motor Show.

Photo Credits: CarPix for CarScoops

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PSA Group Announces Expansion Of Car Sharing Service 16
Nov
Posted by Brad Anderson in CVMP, PSA, Reports on 11 16th, 2017


PSA Group has announced new details about its Push to Pass strategic plan, confirming that it will push into the car-sharing market and offer online car sales.

At a Mobility Talks event held in France, PSA Group revealed that its Free2Move mobility brand will play an important role in its future. As it stands, the app already has over 450,000 users and provides options to rent a bicycle, scooter or other vehicles across Europe and most recently, also in Seattle.

To further its presence in the mobility industry, PSA Group has formed a partnership with Huawei to create a new digital platform dubbed Connected Vehicle Modular Platform (CVMP). This technology will ensure digital interactions between the car and the cloud are managed securely.

Additionally, the platform will eventually offer remote on-demand car diagnostics and remote-control solutions including battery charging and pre-heating. Furthermore, over-the-air software updates will be made available.

In terms of online car sales, PSA Group has made the decision on the back of growing consumer demand to purchase vehicles online. PSA’s system will allow customers to configure a model, set up a financing plan, estimate the trade-in value of their old car and select a date to take delivery of their new vehicle.

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PSA Group Announces Expansion Of Car Sharing Service 16
Nov
Posted by Brad Anderson in CVMP, PSA, Reports on 11 16th, 2017


PSA Group has announced new details about its Push to Pass strategic plan, confirming that it will push into the car-sharing market and offer online car sales.

At a Mobility Talks event held in France, PSA Group revealed that its Free2Move mobility brand will play an important role in its future. As it stands, the app already has over 450,000 users and provides options to rent a bicycle, scooter or other vehicles across Europe and most recently, also in Seattle.

To further its presence in the mobility industry, PSA Group has formed a partnership with Huawei to create a new digital platform dubbed Connected Vehicle Modular Platform (CVMP). This technology will ensure digital interactions between the car and the cloud are managed securely.

Additionally, the platform will eventually offer remote on-demand car diagnostics and remote-control solutions including battery charging and pre-heating. Furthermore, over-the-air software updates will be made available.

In terms of online car sales, PSA Group has made the decision on the back of growing consumer demand to purchase vehicles online. PSA’s system will allow customers to configure a model, set up a financing plan, estimate the trade-in value of their old car and select a date to take delivery of their new vehicle.

PHOTO GALLERY



PSA Has Already Decided Which Brand To Bring To America, Might Not Be DS 15
Nov
Posted by Michael Gauthier in Citroen, DS, opel, PEUGEOT, PSA, Reports, USA, vauxhall on 11 15th, 2017


Groupe PSA recently returned to the United States with its Free2Move mobility app but that’s not much consolation for fans hoping to buy one of the company’s vehicles.

Cars are coming but it might be awhile before they arrive. As PSA North America CEO Larry Dominique explained to Automobile Magazine, the company doesn’t have a dealership network, infrastructure, or parts and service providers in this country. He added, “I have to build those things from the ground-up.”

Dominique went on to say the situation is a blessing and a curse but he’s going to make sure PSA is 100 percent ready before launching a car in America. He declined to say when this might occur but there’s little doubt the company don’t want to repeat Fiat’s underwhelming return.

Despite not having a firm launch date, Dominique confirmed PSA has already decided which brand to bring to the United States. Initial speculation suggested it would be DS but the executive downplayed that idea by saying “people are just making assumptions.” That doesn’t necessarily mean it won’t be DS but other possibilities include Peugeot or Citroen as well as the recently acquired Opel and Vauxhall. The three French brands are seen as the most likely candidates but only time will tell which one finally gets the green light.

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Opel’s Turnaround Plan Includes EVs, More Markets And A Return To Profit By 2020 10
Nov
Posted by Michael Karkafiris in Electric Vehicles, opel, PHEV, PSA, Reports, vauxhall on 11 10th, 2017


Opel outlined its future strategy which will help it return to profitability and secure a sustainable future for the German brand.

According to its new strategic plan -which goes by the name PACE!- Opel/Vauxhall will move to PSA platforms four years faster than originally planned. The company wants to electrify every model line by 2024, promising to offer battery-electric and plug-in hybrid versions alongside the traditional internal combustion engine.

By 2020, Opel will have launched nine new models, including four electrified ones. Among the new models will be a plug-in hybrid version of the Grandland X SUV, a fully-electric version of the next-gen Corsa supermini and a new SUV.

Other measures include making Opel more competitive by reducing costs per car by 700 euros ($815) and creating a lower financial break-even point of 800,000 vehicles per year to secure a profitable business model.

Opel’s new plan was designed to avoid forced lay-offs as it currently negotiates voluntary departures, early retirements and shorter hours with its workers while relying partly on exports for its underused factories. The company plans to enter 20 new markets by 2022, with China and Brazil being under consideration.

“This plan is paramount for the company, to protect our employees against headwinds and turn Opel/Vauxhall into a sustainable, profitable, electrified, and global company,” said Opel CEO Michael Lohscheller. “Our future will be secured and we will contribute with German excellence to the Groupe PSA development. The implementation has already started with all teams eager to achieve the objectives.”

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Opel To Cut Models, Develop EV Tech As Part Of PSA’s Restructure 7
Nov
Posted by Michael Karkafiris in opel, PSA, Reports, vauxhall on 11 7th, 2017


PSA Group’s restructuring plan for Opel includes reducing the number of models the German brand sells in order to focus on high-margin segments, as well as develop EV technologies for its new owners.

PSA is also going to bundle Opel’s purchasing activities with its own and launch the German brand in new markets that were previously considered a taboo under GM’s ownership, according to AutoNews.

These changes are some of the key points of the general restructuring plan PSA has in store for Opel, a plan that will be presented in a few days by the German brand’s CEO Michael Lohscheller.

PSA intends to use Opel’s Rüsselsheim-based technical center as a hub for the partial or complete electrification of all the Group’s future models. Other expected to be announced measures include cutting Opel’s labor costs but details will be revealed during the official announcement.

From now on, all future Opel models will be based on PSA’s platforms, using their engines, transmissions and other technologies. This will also help Opel to achieve the fuel efficiency and CO2 reduction targets which are expected to be missed with its current powertrains.

The goals of PSA’s restructuring plan are for Opel to breakeven in 2019 and bring a 2 percent operating margin in 2020.

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Opel To Cut Models, Develop EV Tech As Part Of PSA’s Restructure 7
Nov
Posted by Michael Karkafiris in opel, PSA, Reports, vauxhall on 11 7th, 2017


PSA Group’s restructuring plan for Opel includes reducing the number of models the German brand sells in order to focus on high-margin segments, as well as develop EV technologies for its new owners.

PSA is also going to bundle Opel’s purchasing activities with its own and launch the German brand in new markets that were previously considered a taboo under GM’s ownership, according to AutoNews.

These changes are some of the key points of the general restructuring plan PSA has in store for Opel, a plan that will be presented in a few days by the German brand’s CEO Michael Lohscheller.

PSA intends to use Opel’s Rüsselsheim-based technical center as a hub for the partial or complete electrification of all the Group’s future models. Other expected to be announced measures include cutting Opel’s labor costs but details will be revealed during the official announcement.

From now on, all future Opel models will be based on PSA’s platforms, using their engines, transmissions and other technologies. This will also help Opel to achieve the fuel efficiency and CO2 reduction targets which are expected to be missed with its current powertrains.

The goals of PSA’s restructuring plan are for Opel to breakeven in 2019 and bring a 2 percent operating margin in 2020.

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Opel/Vauxhall Financial Acquisition Makes PSA’s Takeover Complete 3
Nov
Posted by Carscoops Staff in opel, PSA, vauxhall on 11 3rd, 2017


The PSA Group‘s acquisition of Opel and Vauxhall is finally complete with the transfer of the German/British automaker’s financial operations.

In parallel to the French carmaker’s taking over over GM’s European auto brands, the financial division is being shared by its own banking division Banque PSA Finance and French financial giant BNP Paribas – one of the largest banks in the world.

Following the acquisition, the Opel Bank, Open Financial Services, and Vauxhall Finance are being merged into one institution. PSA’s Alexandre Sorel will serve as CEO, supported by both Opel’s Erhard Paulat and BNP’s Pascal Brasseur as deputies.

“We are now thoroughly committed, alongside all of the teams, to building the strategic plan with the clear purpose of improving the performance of the company’s businesses and the competitiveness of our financial solutions for Opel and Vauxhall customers,” said Sorel. “Everyone’s involvement across the company is critical at this stage.”

Last year, the three operations (now merged) represented some €9.6 billion in financing, forming an integral part of the business for 1,800 Opel and Vauxhall dealers in 11 European countries – including vehicle loan financing, leasing, service contracts, and insurance.

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PSA Returns To The U.S. With The Launch Of Its Free2Move Service In Settle 4
Oct
Posted by Michael Gauthier in APP, PSA, Tech, USA on 10 4th, 2017


Groupe PSA has returned to the United States with the launch of its Free2Move mobility app.
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