#Peugeot

Automakers PSA (Peugeot and Citröen) and Fiat Chrysler Automobiles are most at risk if Greece’s economy fails and the country backs out of the Euro, according to a report by Automotive News.

Analysts say the two automakers have the largest share of southern European markets — including Italy, Spain and Portugal — where the economic impact of a Greek failure could hit the hardest.

Although the automakers have a large share of those markets, its a relatively small portion of their overall sales, the report states.

They say simple, affordable and fun cars are not made these days, but maybe we’ve been looked for them in the wrong places. Maybe affordable fun still exists, buried under a skin not cool enough to capture petrolheads’ interests…

James Dean behind the wheel of his Porsche 356 Speedster, tearing up Mullholland Drive, a cigarette hanging coolly from the side of his mouth, his hands wrestling the unassisted steering. The air-cooled flat four barking. Tires screeching. That’s the petrolhead dream. That’s the legend.

And as an important part of this mythology, something driven by the epitomes of cool like Dean or McQueen, the 356 Speedster (or any 356, for that matter) is revered and prized. Buying a nice example requires the kind of money that would get you a brand new 911. Or three. Or a 911 and a perfectly fine aeroplane.

But you don’t want a 911 and you don’t want a Boxster because, as they say, each 911 is worse than the previous one. It’s faster. It’s more comfortable. It’s got better soundproofing. It is better at isolating you from what’s going on. And you don’t want to be isolated. You want experience.

I recently returned from a week-long visit to Europe, the world leader in diesel hatchbacks and cigarettes. There, as I always do when I arrive in Europe, I came face to face with a stark reality: there are still human beings driving around in Peugeots.

A Fashionable Savior for the Budget Minded?

Rio is full of beauty: beaches, gorgeous people on said beaches, delicious caipirinhas served beachside and…wait for it…a healthy alternative to DLO FAIL.

Yes, a way out from the infestation of black plastic cheater panels: triangles of FAIL that plague Car Design from the cheapest subcompact to the most flagship-iest Cadillac.

I’ve been accused of Automotive Hipsterism for bragging about my bare bones Ford truck instead of aspiring to expensive vehicles. It used to be different, back when top-drawer dashboards were more Malevich and less Pollock in design. Because good design embraces Less is More, while poor design over thinks the solution.

There was a time when Peugeots— mostly 504s but the occasional 404 as well— were quite common in American self-service junkyards. Back in the early 1990s, when I owned a free 504, you could count on finding junkyard parts at every good-sized U-Wrench-It in Northern California, and as recently as the late 2000s I found the occasional 504 and even this 404. Nowadays, though, all you’re going to see is 505s and 405s, from the final years of Peugeot’s North American presence, and they’re sufficiently rare that we’ve seen just this 405 in this series prior to today. However, a few 505s managed to soldier on for a couple decades after Peugeot fled back across the Atlantic (or at least managed to survive in storage for that time), and I found this ’86 in a San Francisco Bay Area wrecking yard earlier this year.

On this day in 1991, Peugeot officially announced its exit from the U.S. market.

The Peugeot 205 GTI is one of the legends of hot hatch history. It took off where the original VW Golf GTI started, with sufficient space and practicality, lots of speed and a reasonable price. And it was even more fun to drive. With about 120 horsepower and weighing under a ton, it was quite quick for 1980s, and its tail-happy attitude gave it the reputation of a challenging car to drive. Its fondness of going through the hedges backwards may helped its popularity – people like to think that they are better drivers than others, and driving a car notorious for unforgiving handling can thus be a great ego booster.

PSA will consolidate their small car production at a factory in Slovakia, as the struggling auto maker looks to cut labor costs and increase margins on small cars.

PSA and Mitsubishi may discontinue their electric vehicle partnership in the next 12 months, according to PSA CEO Carlos Tavares.

The Chinese will be the first to lay eyes on Peugeot’s beautiful new concept car, the Exalt, at the Beijing Auto Show that starts later in the month. Along with great artistic touches inside and out, it’s also a hybrid that can run on gasoline, pure electricity or both. The Exalt is a sedan that anticipates Peugeot’s take on the sedan as a coupe -and it’s another example of a dying brand throwing a “hail mary” pass in the form of an attractive concept car.

Weeks prior to the historic deal reached between Iran and the “P5+1” group of nations, TTAC reported on some of the machinations going on behind the scenes regarded the United States, France and their respective auto industries ability to do business in Iran. We put forth the theory that any deal with Iran would be a boon to auto manufacturers, who would have access to a market expected to be worth 1.5 million units in a few short years, with a very young population and a standard of living that is substantially better than many highly touted emerging markets.

At the time of publication, we encountered significant dismissal, if not disagreement. But as it turned out, negotiations had been ongoing since the start of 2013, and the preliminary deal appears to make the auto industry a big winner.

An obscure story in the Azerbaijani press this past summer may be the tip of a much larger iceberg involving General Motors, PSA Peugeot Citroen and the Western World’s current bete noir: the Iranian regime currently embroiled at the heart of a controversial nuclear program, which is subject to economic sanctions by the United States government, including those that specifically target Iran’s automotive industry.

Citing reports from Iran’s Mehr news agency, an Azerbaijani news outlet reported that an unspecified number of brand new Chevrolet Camaro RS 2LT convertibles were imported by a division of Iranian conglomerate Iran Khodro. According to the report, the Camaros were sent from Miami to Paris, and then from Paris to Tehran via a Qatar Airways plane. The report also states that US Customs and Border Patrol documents list the final destination as the Aras Free Trade and Industrial Zone.

Emerging markets have been a big theme at TTAC for the past few years, with our coverage going beyond the cursory articles on automotive developments in the BRIC countries. Our articles on places like North Africa and Indonesia aren’t always the most popular, but we keep an eye on them for a very important reason. These countries are the final frontier for growth in the automotive sector.

PSA, parent company of Peugeot and Citroen, is said to be exploring a partnership with China’s Dongfeng, as Peugeot looks for ways to strengthen itself amid weak sales and a perpetually sputtering European car market.