Report: GM stake in Peugeot will cost $423 million

General Motors and PSA Peugeot Citroen executives

General Motors wants to become the second-largest shareholder in PSA Peugeot Citroen, and the gears of a deal for seven percent of the French automaker are beginning to mesh. It cost General Motors $423 million to buy into PSA, and the companies will remain competitors despite lashing their rafts together.

Both automakers would like to net cost savings over the course of the initial 10-year term of the partnership by leveraging their collective purchasing power for better prices from suppliers and also sharing economies of scale. GM and PSA are also looking to create vehicles, powertrains and/or components together within the next four years. The two companies have already started work on developing a low-cost small car to sell in emerging markets, and GM is looking to hook up with Peugeot’s Gefco logistics arm, as well.

Peugeot stock has been forced down in value by the company issuing new shares for General Motors to buy, facilitating the deal. Peugeot has also suspended paying a dividend this year to keep cash on hand, further upsetting shareholders and the market in general. Market watchers suspect that any cost savings may be slow in coming, and there’s little detail of how GM and PSA intend to address both companies’ overcapacity problem in Europe or how they intend to find compromises with the typically strong labor unions there, as well.

Still, the hopeful need only look to Renault-Nissan for an example of the potential upside. Of course, GM’s deal with Fiat, which started in 2000 and ended with a $2 Billion payment in 2005, is a reminder of just one of the ways the bloom could fall off this rose.

GM stake in Peugeot will cost $423 million

    



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    Geneva: 2012 Volkswagen Polo Blue GT mixes fun and frugality

    2012 Volkswagen Polo Blue GT

    Volkswagen already offers quite a bit of fun in the small hatchback segment with the 177-horsepower, 40-mpg Polo GTI, but for those wanting even better fuel economy without sacrificing any fun, VW has announced the Polo Blue GT.

    Fitted with the new 1.4-liter TSI inline-four, the Blue GT is capable of achieving up to 50 mpg thanks to direct injection, cylinder deactivation and stop/start technology. With 138 horsepower, the hatchback is capable of reaching 62 mph in 7.9 seconds and can achieve a top speed of 130 mph.

    Distinguishing itself from the rest of the Polo lineup, the Blue GT features a mix of components from the VW parts bin including front and rear bumpers and a rear spoiler from the Polo GTI, as well as side sills from the BlueMotion model. The car also features unique 17-inch wheels, special badging and a lowered ride height of 15mm. Inside the Blue GT gets redesigned sports seats, a leather-trimmed steering wheel and instrumentation from the GTI model.

    Read up on the Volkswagen Polo Blue GT in VW’s official press release below or browse through our live photos of the car in the gallery above.

    Continue reading 2012 Volkswagen Polo Blue GT mixes fun and frugality

    2012 Volkswagen Polo Blue GT mixes fun and frugality

        



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      Ford makes voice control easier for iPad and other devices

      485f8 ipad2ios5heroprint opt Ford makes voice control easier for iPad and other devices
      Ford is making it easier to access tablet devices in its cars, enabling users of iPad, Kindle, Nook and other tablets to control their devices with their voices instead of their hands.

      The move is bound to set safety advocates atwitter, who argue there are already too many distractions behind the wheel. Just last month the issue again took front stage after the death of 18-year-old Taylor Sauer, who crashed her car into a tanker truck while texting. Ford, however, said the upgrade of its MyFord Touch system is out of concern for driver safety.

      “Drivers are bringing these devices into the car already,” said Alan Hall, a spokesman for Ford. “We’re allowing them to access the content in a safer way.”

      Ford began shipping upgrades to its voice-activated MyFord Touch entertainment system on Monday, with the tablet compatibility built in. The automaker has taken a big hit to its quality reputation because of MyFord Touch, which consumers have complained is slow, unreliable and hard to use.

      The upgrade to MyFord Touch and its underlying SYNC technology allows more devices to work with voice activation or through controls on the steering wheel, although most still won’t charge. Devices including the iPad, Kindle Fire, HP Touchpad, Nook Color and Sony Tablet S need more electricity than Ford’s outlets provide.

      Ford hopes the iPad 3, set to be revealed today, will be compatible with the upgrade, Ostrowski said. He also said that Ford engineers will have to order iPad 3s like everyone else to find out.

      Ford makes voice control easier for iPad and other devices

          



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        Geneva: Roding Roadster is fit for a role in The Avengers

        51b4b 05roding roadstergeneva2012 opt 1331136571 Geneva: Roding Roadster is fit for a role in <i>The Avengers</i>

        The Roding Roadster 23 is here, and having been faithful to its renderings, it looks like it’s come good. We knew it would have proper fenders from the latest drawings, but the red-and-black livery makes the little roofless coupe pop.

        Roding still hasn’t decided to spill all of its secrets, not that it looks to have many, but we know there’ll be just 23 examples offered. Behind those huggy seats is a turbocharged inline six-cylinder engine from BMW producing 320 horsepower and 332 pound-feet, charged with propelling a car that weighs just 950 kilograms (2,090 pounds). An installable hood goes in the trunk section up front.

        In the information from the company’s site below, however, Roding indicates that “the first cars to be produced” are a limited edition of 23, which makes it sound like they’ll be around for more than a couple dozen cars.

        Continue reading Roding Roadster is fit for a role in The Avengers

        Roding Roadster is fit for a role in The Avengers

            



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          Geneva: Pagani Huayra Carbon Edition is all things right in the world

          Pagani Huayra with carbon fiber finish

          When American automakers release Carbon editions of their sports cars, buyers are treated to a few carbon fiber veneers, some fancy wheels and a few badges. When Pagani builds a Huayra Carbon Edition, the Italian manufacturer simply constructs every last piece of body work out of the composite and slathers everything in clear coat.

          Pagani unveiled its latest sculpture at the Geneva Motor Show this week, and the vehicle is very possibly the definition of sinister sexy. Buyers can look forward to enjoying the same lethal drivetrain found in the “base” Huayra, which means there’s a 700-horsepower AMG-sourced 6.0-liter V12 behind the seats.

          While the standard Huayra boasts a carbon-titanium monocoque, the wild carbon fiber body work on the Carbon Edition is something new entirely. We dig it in every way possible.

          Pagani Huayra Carbon Edition is all things right in the world

              



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            Report: Chevy stops halts shipments of Camaro ZL1 over potential quality issue

            d8a70 03 2012 chevrolet camaro zl1 fd opt Report: Chevy stops halts shipments of Camaro ZL1 over potential quality issue

            GM Inside News has obtained a letter from Russel Clark, Director of Marketing for Chevrolet small cars, small utilities and performance cars, to dealers informing them that shipments of all 2012 Chevrolet Camaro ZL1 produced to date are being held by General Motors for a “quality assessment.”

            There is no explanation as to what’s causing the hold or its duration, though the letter does say it “may last a few more weeks.” Motor Authority has Chevrolet spokesman Monte Doran on record saying, “We may have found a potential issue that we want to resolve.” If you think you know what the issue is, let us know in the comments or send us a tip.

            Being one of the Bowtie brand’s halo cars, the Camaro ZL1 can hardly afford a hiccup in its roll out. Though with a 580-horsepower 6.2-liter V8 underhood and sub-$55k starting price, we’re certain that a few weeks wait won’t change the number of people in line to buy one.

            See below to read the letter to dealers in its entirety.

            Continue reading Chevy stops halts shipments of Camaro ZL1 over potential quality issue

            Chevy stops halts shipments of Camaro ZL1 over potential quality issue

                



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              Geneva: The Next Big Thing: Bridgestone prints patterns on tires

              d17ed 01 bridgestone printed tires 628 Geneva: The Next Big Thing: Bridgestone prints patterns on tires

              How many times have you said to yourself, “Self, I’ve modded every single part of my car, but those tires, they’re just so… black. And boring.” Bridgestone has the answer in the form of its Tire Printing Technology.

              Comprised of two layers of ink – one below and one above a protective coating – you can fully customize the design of your sidewalls using any kind of vector-based graphics. Bridgestone claims the outer most layer won’t succumb to scrapes and scratches, and neither the durability or the weight of the tires are compromised by the technology.

              Bridgestone hasn’t set a date for production, but the tires could be available as early as this summer. And if it hits in time, there’s little doubt we’ll be seeing plenty of horrid designs lining the halls of SEMA.

              The Next Big Thing: Bridgestone prints patterns on tires

                  



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                Geneva: Gemballa Tornado and Mistrale are the faces of excess

                Gemballa Tornado

                If there are words for the Gemballa Tornado and the vehicle’s spiritual twin, the Mistrale, we can’t find them.

                If you like air vents, the Tornado has you covered. The vehicle boasts more intakes than your favorite industrial air conditioner, with the majority of them crafted from carbon fiber. At least the bodywork is lightweight. The abomination creation, based loosely on what was once a Porsche Cayenne, puts a lofty 721 horsepower to the ground and relies on a set of aggressive Brembo brakes to bring the party to a stop.

                And what of the Mistrale? As much as we love the Porsche Panamera, the car certainly didn’t need another go-around with the ugly stick. Like the Tornado, the Mistrale boasts a slew of carbon fiber work, epic 22-inch forged alloy wheels and and a completely reworked interior. Buyers can expect to find the same 721 horsepower under the hood, too. And here you thought SEMA was the only place to this level of insanity.

                Gemballa Tornado and Mistrale are the faces of excess

                    



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                  Geneva: 2012 Jaguar XKR Artisan Edition proves there’s nothing wrong with a sexy black dress

                  Jaguar XKR Artisan Edition

                  It’s been said before, but Jaguar doesn’t seem to know how to make a bad-looking car these days. Take the current XK, for example. It’s been around since 2006 and has largely gone unchanged aside from a slight nip/tuck for the 2012 model year, but it’s arguably one of the most beautiful coupes in the luxury GT segment.

                  To further enhance the XK’s good looks, Jaguar has launched the new Artisan Edition that makes its debut at the Geneva Motor Show. Available in both naturally aspirated and XKR trims (in both coupe and convertible body styles, no less), the Artisan package incorporates some special paint colors including the Celestial Black you see here, as well as unique 20-inch wheels. Inside, there are new performance seats with “scraffito” leather, not to mention a host of interior upgrades like a 525-watt Bowers & Wilkins stereo, stainless steel pedals and new veneer trim pieces.

                  It’s sexy and sophisticated, and sadly, it’s only available in the UK (for now, at least). See it for yourself in our attached high-res image gallery.

                  Continue reading 2012 Jaguar XKR Artisan Edition proves there’s nothing wrong with a sexy black dress

                  2012 Jaguar XKR Artisan Edition proves there’s nothing wrong with a sexy black dress

                      



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                    Geneva: 2012 Chevrolet Cruze Wagon blends style with utility

                    2012 Chevrolet Cruze Wagon

                    In the fine tradition of the Celebrity Wagon, the Bow Tie brand brings you this: The 2012 Chevrolet Cruze Wagon.

                    We kid, but in all honesty, the Cruze Wagon isn’t just a more utilitarian take on one of our favorite C-segmenters – it’s an attractive one to boot.

                    And speaking of boots, the Cruze wagon uses its extra inches to good effect, expanding the cargo capacity of the standard sedan and hatchback models to 17.6 cubic feet with the rear seats in place and blowing out to 52.9 inches with the rear thrones folded flat.

                    Chevrolet MyLink comes along for the ride, and in Europe, buyers get a choice of three gasoline engines and two diesels. But here in the U.S. we get nothing. Chevy has no plans to bring the Cruze Wagon to the States.

                    2012 Chevrolet Cruze Wagon blends style with utility

                        



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                      Geneva: BMW M Performance Parts continue to expand the brand

                      BMW M Performance Parts

                      The relentless expansion of M-engineered and branded wares doesn’t just stop at the M diesel quadruplets and the M135i. Here in Geneva, BMW announced the latest line of M performance parts that spans the spectrum from appearance bits to powertrain upgrades.

                      M Performance exhausts will be available for the new 1 Series (in Europe), along with the 3 Series and 5 Series. Carbon fiber front splitters join black kidney grilles in the catalog, as does a new version of the M Performance steering wheel. BMW also claims to have some suspension components are in the works, and all this kit will be on sale and ready for installation at BMW dealers in the United States this summer.

                      BMW M Performance Parts continue to expand the brand

                          



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                        Geneva: Alpina B5 Biturbo sedan looks the M5 square in the eyes

                        2012 Alpina B5 Biturbo Sedan

                        Do you love the notion of the 507-horsepower, twin-tubocharged Alpina B5 Touring, but just can’t get behind a high-performance family wagon? Alpina has good news for you. The company has officially pulled back the curtain on the new B5 Sedan, and the vehicle boasts the same wicked driveline as its long-roof twin. That means there’s a dizzying 516 pound-feet of torque pouring out of the same forced-induction 4.4-liter V8. A ZF eight-speed automatic transmission takes care of gear-swapping duties while a range of subtle aesthetic tweaks set this bruiser apart from its more mundane counterparts.

                        There is no mistaking the flashy, 20-inch Alpina wheels, however. According to the company, the combined kit allows the B5 Sedan to clip off a 0-62 dash in just 4.5 seconds. That’s plenty quick by our estimation and about on par with the new 2012 BMW M5. Which would you rather have? Hit the jump for the brief press release while you mull it over.

                        Continue reading Alpina B5 Biturbo sedan looks the M5 square in the eyes

                        Alpina B5 Biturbo sedan looks the M5 square in the eyes

                            



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                          Geneva: Tata Megapixel is a high-res effort on a low-res budget

                          Tata Megapixel

                          What’s the next Tata Nano going to look like? The Megapixel concept is a good indication of where the Indian brand’s ultra cheap micro-car could be headed in the next few years, and if the onboard tech makes it to production, the Megapixel could be one of the most compelling – and most affordable – city cars in the world.

                          Measuring in at a scant 138 inches, the Megapixel combines a small footprint with four electrically powered and individually articulating wheels that help it achieve an impressive nine-foot turning radius.

                          Power is provided by the aforementioned wheel-mounted electric motors which can deliver a maximum of 369 pound-feet of torque, with a 13kW lithium-ion battery pack providing the juice. A 325cc single-cylinder gasoline engine will refill the batteries for trips longer than 54 miles, giving the Megapixel a theoretical range of over 560 miles. A production model is still a ways out, but with Tata’s continued expansion and ambition, we wouldn’t be surprised to see something like the Megapixel on sale in India and other developing markets by the end of the decade.

                          Tata Megapixel is a high-res effort on a low-res budget

                              



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                            Geneva: 2012 TechArt Porsche 911 is visually dazzling, both inside and out

                            2012 TechArt Porsche 911

                            One way to ensure that your brand-new Porsche 911 (a.k.a. 991) won’t look like the one in your neighbor’s driveway is to give TechArt a call. The famed German tuner has rolled out its version of the latest Carrera and Carrera S at the Geneva Motor Show and trust us, it won’t be mistaken for anything from the factory in Stuttgart.

                            Up front, TechArt has fitted its own unique two-part spoiler with integrated splitter while more aggressive side skirts adorn the rocker panels. The rear has a new lower diffuser, wrapped around the TechArt exhaust, and a large fixed rear wing (complete with an integrated third brake light). Look more closely to notice the subtle trim panels on the exterior mirrors and front headlights. The wheels are lightweight forged 20- and 21-inch alloys with matching paint on their rims.

                            Inside the heavily modified cabin are even more drastic enhancements (let’s say TechArt has gone over the top). Don’t let the aluminum pedals be a distraction as you inspect the black Alcantara and high-grade leather covering nearly every square inch. Flirting with gaudy, the dark upholstery is contrasted by vehicle-color-coordinated stitching and painted trim splashed throughout. However, the icing on the cake is an insanely thick TechArt three-spoke sports steering wheel.

                            We donned our darkest shades and shot a full live gallery on the Geneva floor. Plus, you can also check out the detailed press release below the fold and a handful of official pictures below.

                            Continue reading 2012 TechArt Porsche 911 is visually dazzling, both inside and out

                            2012 TechArt Porsche 911 is visually dazzling, both inside and out

                                



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                              Geneva: Kia plants its 2012 Cee’d in Switzerland

                              2012 Kia Cee'd

                              We know we’re beating a dead horse by complaining about an automaker not offering its European products in the United States, but seriously, wouldn’t this handsome new 2012 Kia Cee’d be an excellent replacement for the milquetoast Forte?

                              Kia has been doing some great things with design lately, and the full host of new styling elements has made its way down to the new C-segment offering. We like the large headlamps that stretch far up the hood line, accented with LED running lamps and pronounced fog lamps below. The unique, 18-inch wheels look cool and give the Cee’d a sporty touch, and the whole design is rounded off in back with a squared-off rump. Speaking of the rear, Kia also saw it fit to debut a new Cee’d wagon, called the SW, offering a substantial cargo area for those who need more functionality than a standard hatch can offer.

                              Five powertrains will be offered at launch – two diesel and three petrol – ranging from 89 to 133 horsepower. Six-speed manual transmissions are available across the board, with six-speed automatics available on two of the 1.6-liter engines. The range-topping 133-hp gasoline engine also features Kia’s first dual-clutch ‘box.

                              Honestly, we’re big fans of this new compact Kia, and our hope is that the Korean automaker will someday plant its Cee’d on North American soil. See the new hatchback and wagon for yourself in our attached high-res image gallery and hit the jump for the full press release.

                              Continue reading Kia plants its 2012 Cee’d in Switzerland

                              Kia plants its 2012 Cee’d in Switzerland

                                  



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                                Geneva: 2013 Hyundai i30 Wagon hauls in high style

                                45a96 01 hyundai i30 wagon opt Geneva: 2013 Hyundai i30 Wagon hauls in high style

                                Around Autoblog HQ, we likey the wagons. And the the latest Hyundai i30 is one of our favorite road-going interpretations of the automaker’s “fluidic sculpture” design language. But while the i30 hatch – a.k.a. the Elantra Touring in the States – fits the bill for most, Hyundai recognizes that some people need more and that’s what the i30 Wagon delivers.

                                Hyundai’s hexagonal grille, gem-like headlights and restyled taillights take the i30 from ho-hum family-hauling econobox to something boarding on stylish – a challenge for a utilitarian people mover – and the additional cargo space is surely a welcome addition for families with more kit to carry.

                                The interior gets a generous dose of upgrades as well, including a two-tone IP, creamy leather seats, brushed aluminum accents and a steering wheel full of redundant controls. This new i30 could be the perfect competitor to the Jetta Sportwagen in the U.S., but Hyundai remains mum on its chances of making it across the Atlantic.

                                2013 Hyundai i30 Wagon hauls in high style

                                    



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                                  Geneva: 2013 BMW M6 brings big power to a big coupe

                                  2013 BMW M6 Coupe

                                  Try this one on for size: BMW already dropped the full details on both the new M6 coupe and convertible, but only the hardtop makes its debut here at the 2012 Geneva Motor Show. We’ll have to wait until the New York expo in April to see the convertible, though oddly, the droptop M6 is the one that will go on sale in the United States first. Alright then.

                                  Regardless of what car launches when, the M6 will no doubt pack a potent punch when it finally hits the street. Powered by BMW’s 4.4-liter twin-turbocharged V8, the big coupe (and convertible) will have a whopping 560 horsepower and 500 pound-feet of torque on tap, all of which is sent to the rear wheels via the M division’s seven-speed dual-clutch transmission. That means the M6 Coupe will run to 62 miles per hour in just 4.2 seconds with the convertible only lagging behind by a tenth of a second. And while the 2012 M5 will be offered in the U.S. with a proper six-speed manual transmission, there’s no word on a row-your-own gearbox for the M6, though our sources have said that it’s under consideration (of course).

                                  There’s no mention of curb weight for either car, but rest assured, the new M6 has surely shed some pounds versus the less-powerful (and decidedly uglier) E63 model. M-specific 19-inch wheels wrapped in high-performance summer tires come as standard rolling stock, but to better fill out those big wheel wells (and offer better grip on the road), a set of lightweight 20s will be available as an option.

                                  So, it’ll be another month before we see the droptop M6, even though it’ll officially go on sale this summer as a 2012 model. As for the coupe, we won’t see that until later in 2012 badged as a 2013 model. Click through our live gallery to see the new M hotness live from Geneva, and follow the jump for all of the nitty-gritty details in BMW’s press blast.

                                  Continue reading 2013 BMW M6 brings big power to a big coupe

                                  2013 BMW M6 brings big power to a big coupe

                                      



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                                    Geneva: IED Torino students fail to impress with Cisitalia 202 E concept

                                    IED Torino Cisitalia 202 E

                                    Obscure as it may have been (and remains still) to most motorheads on the western shores of the Atlantic, the original Cisitalia 202 was (and endures as) an icon in automotive design. It was fluid, harmonious, and looked as though it were carved by wind from a single bar of soap. The modern interpretation you see here, however, is a far cry.

                                    Designed by the students in transportation design at the IED in Turin, Italy, the Cisitalia 202 E concept was unveiled here on the floor of the Geneva Motor Show to a largely indifferent audience. You can’t fault the students or their school for that, because there’s just so much going on here. But then it doesn’t do much to stand out, either.

                                    Suffice it to say that some of the projects – namely the 2008 Maserati Chicane – undertaken by previous graduating classes caught our attention in a better way. See what we mean in the gallery of live images above.

                                    IED Torino students fail to impress with Cisitalia 202 E concept

                                        



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                                      Geneva: Mini Clubvan Concept loses a few seats, gains storage capacity

                                      Mini Clubvan Concept

                                      Looking rather production-ready on the floor of the 2012 Geneva Motor Show is the Mini Clubvan Concept, which eschews the rear seat of the Clubman in favor of a flat load floor and a partition to cordon off your goods from your two front seats.

                                      According to Mini, the “Clubvan Concept would fit excellently into the fleet of a fashion designer, art gallery owner or catering service.” Interesting. Anyone else? Why yes: “A photographer with a stack of camera, tripod and lighting equipment to ferry around during the week – and bulky sports and leisure gear to pile on board at the weekend.” There you have it

                                      Is there room in the “small-car-based van segment” for what Mini says is the first “premium” entry? Probably not in the States, but perhaps in Europe. Check it out in our image gallery above and in the press release below.

                                      Continue reading Mini Clubvan Concept loses a few seats, gains storage capacity

                                      Mini Clubvan Concept loses a few seats, gains storage capacity

                                          



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                                        Geneva: 2012 BMW M3 DTM race car looks fast sitting still

                                        2012 BMW M3 DTM

                                        BMW is keen to get as much impact from its decision to enter the DTM racing series as possible, and to that end, has decided to showcase its German touring car in full factory racing livery for all the world to see at the 2012 Geneva Motor Show.

                                        Underneath its high-tech composite skin lurks a 480-horsepower 4.0-liter V8 engine that sends power to the rear wheels through a six-speed sequential gearbox. It’ll hit 60 in about three seconds on its way to a top speed of somewhere around 186 miles per hour.

                                        Judging from all the splitters, intakes and wings, we’d say the Bavarian team is more concerned with making the M3 DTM racer stick to the road like glue than hit ludicrous speed on the straights, and if nothing else, make the machine look awfully menacing to its rivals. Check out the full gallery of live images above.

                                        2012 BMW M3 DTM race car looks fast sitting still

                                            



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