General Motors Europe Looking for Long-Term Relationship with Peugeot

not the hundreds that existed worldwide in the 1950s when he uttered his sentiments. As it turns out, he’s been more right than wrong so far.

Further extending his wise observation, General Motors and Peugeot are reportedly in talks to create a wide-scale manufacturing alliance to curb their losses. As reported last week, GM’s European Opel division bled through $747 million in losses last year; not as much as the year before, but still a big chunk of change. However, where it’s adjusting with keeping its revenue up and cutting costs, it may not be able to become profitable without more help.

Enter Peugeot, a French automaker that last sold a car in the U.S. in 1994. Peugeot has been desperately seeking partners like a girl rejected at the last minute by her prom date since the late 1990s. It’s since formed a few alliances with BMW for Mini 1.6-liter engines, Ford for diesels in Europe, small cars in Europe with Toyota, and electric vehicles with Mitsubishi.

But now the ailing French giant wants a little more of a long-termer for a committed relationship.

Peugeot and its subsidiary Citroen comprise the second-largest automaker in Europe behind Volkswagen. Together, they produced 3.5 million cars for the world last year, a 1.5-percent drop-off. That’s still significantly less than Volkswagen’s 5 million units alone

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Peugeot Drops New Photos on the New 4008 Crossover, will go on Sale Outside Europe as well

The 4008 measures 4,340mm long (295mm shorter than the 4007), 1,800mm wide and 1,630mm tall, and rides on a 2,670mm long wheelbase, offering a boot volume of 416 liters with a spare wheel and up to 442 liters with a puncture repair kit.

At launch, the new Peugeot crossover model will be available with a choice of two petrol and the same number of diesel engines.

The gasoline range comprises a 1.6-liter unit producing 115HP (86kW) and 152Nm of peak torque, which is linked to a five-speed manual gearbox, and a 2.0-liter with 150HP (113kW) and 198Nm offered with a 5-speed manual or a CVT.

The diesel lineup includes a 1.6-liter HDi with 115HP (86kW) and 270Nm (280Nm with overboost), matched to a six-speed manual gearbox, and a 1.8-liter HDi producing 150HP (110kW) and 300Nm, connected to a 6-speed manual gearbox.

Aside from the 1.6-liter petrol engine which is available only with front-wheel drive, all the other powerplants are offered with all-wheel drive as an option.

With the new gallery, Peugeot gives us our first look at some of the interior details but we don't get the full picture. From what we can tell, the dashboard doesn't seem to have changed much (if at all) from the Mitsubishi ASX.

Peugeot also announced today that the new 4008 will be distributed to more than 50 countries around the world starting from Russia and the Ukraine, then among other places, in China, Australia, New Zealand , Argentina and in Europe from May.

PHOTO GALLERY


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