Tag: PSA

Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues

Brussels, 19 March 2018 – Just a few days ahead of the EU summit, where the 27 heads of state are set to approve the European Council’s Brexit guidelines, the European Automobile Manufacturers’ Association (ACEA) is calling on the negotiators to pay urgent attention to sector-specific issues in order to avert potentially disastrous implications on… Continue reading Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues

Faurecia invests in start-up working on energy recovery technology

Faurecia, invests in French start-up, Enogia in order to enhance its expertise in energy recovery technology. The start-up has developed and patented an hermetic, compact high-speed turbine that recovers heat and converts it into electricity. Founded in 2009 and based in Marseille, Enogia has a team of 30 individuals. Faurecia states the technology developed by the start-up… Continue reading Faurecia invests in start-up working on energy recovery technology

BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

As Faurecia’s NAFILean™ lightweight hemp-based biomaterials are increasingly adopted by OEMs, the company has developed new figures showing the significant energy and environmental benefits of the innovative breakthrough. Not to mention a positive impact on agriculture. Following their initial registration with Peugeot PSA, the biomaterials are now being used in the car parts of six… Continue reading BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

10,000th Lamborghini Huracan Rolls Off The Line In Sant’Agata Bolognese

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LIVE Coverage: 2018 Geneva Motor Show

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10,000th Lamborghini Huracan Rolls Off The Line In Sant’Agata Bolognese

14 Mar 2018, 8:14 UTC · by Mircea Panait
/ Home / News / Car Profile

There’s a party going on at the Lamborghini factory in Sant’Agata Bolognese! Four years after it entered production, the Huracan now numbers in the 10,000s. The celebratory model is an LP 640-4 Performante sporting the same Verde Mantis paint job as the Huracan GT3 that won its class at the 2018 Daytona 24 hours race.
24 photosFor the sake of making comparisons, the Huracan is breathing down the Gallardo’s neck as far as production figures are concerned. Manufactured from 2003 to 2013, the Huracan’s predecessor and the best-selling Lamborghini totals 14,022 examples.
Greater things are to be expected from the Huracan, with the Raging Bull achieving a record year in 2017 with 2,642 deliveries out of a total of 3,815. That’s 12 percent more Huracan units delivered in ‘17 over ‘16. With the arrival of the Performante Spyder, you can bet your two cents that 2018 will turn out to be another record year. Oh, and don’t forget the Urus is in high demand too.
At the present moment, the Huracan is produced in six derivates. Available as a fixed head or with a soft top, rear- and all-wheel-drive, the V10-powered bruiser holds records at eight different circuits around the world. On the flip side, the Porsche 911 GT2 RS stole the Huracan Performante’s Nurburgring record in September 2017, posting a lap of 6:47 compared to the 6:52 of the Lamborghini.
On a related note, the successor of the Huracan is due in 2022 with hybrid assistance. The V10 will soldier on with natural aspiration according to chief technical officer Maurizio Reggiani, and as ever, rear- and all-wheel-drive models will be offered. Till then, there’s a mid-cycle refresh coming in late 2018 or early 2019, with the Huracan expected to get rear-wheel steering for improved handling.
There’s also a plug-in hybrid Urus in the pipeline, as well as a replacement for the Aventador scheduled to go official in 2020. In the meantime, we’re still waiting for Lamborghini to take the veils off the 800-horsepower Aventador SVJ.
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LAMBORGHINI models:LAMBORGHINI Urus Medium SUVLAMBORGHINI Aventador S Roadster ExoticLAMBORGHINI Huracan Performante ExoticLAMBORGHINI Huracan LP 580-2 Spyder (RWD) ExoticLAMBORGHINI Huracan LP 580-2 (RWD) ExoticAll LAMBORGHINI models

SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY

Reinforcing our innovation ecosystem is one of our top 2018 priorities following the January launch of our new TechCenter in Silicon Valley. We’re excited to be at the heart of open collaboration that’s connecting the automotive industry to start-ups, universities and tech entrepreneurs to explore the car of the future. To highlight this, we opened… Continue reading SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY

Dongfeng Peugeot-Citroen sales stall on brand confusion

Following a series of management reshuffles and a slow start in the world’s largest market, Dongfeng Peugeot-Citroen Automobile’s sales in China barely made it past the half-way mark of their 2017 target, resulting in substantial losses for the joint venture carmaker. Dongfeng Peugeot-Citroen saw a loss of 30 billion euros ($36.94 billion) last year, despite… Continue reading Dongfeng Peugeot-Citroen sales stall on brand confusion

Bosch Mahle Turbo Systems changes hands

Equipment suppliers By Christophe Jaussaud, the 12/03/2018 The JV between the two German equipment manufacturers, turbos specialist, is now owned by the Hong Kong fund FountainVest. It’s official, Bosch Mahle Turbo Systems is now part of the Hong Kong investment fund FountainVest. A buyback that has been approved by all authorities. A shareholder change that… Continue reading Bosch Mahle Turbo Systems changes hands

Opel: IG Metall warning to Tavares

A year after the announcement of Opel’s purchase of General Motors by PSA, the French group’s management is negotiating with the works council of its new German subsidiary. Its goal is to reduce costs and bring the brand back to the brink. A risky gamble after years of accumulated deficit under the GM era. Discussions… Continue reading Opel: IG Metall warning to Tavares

Groupe PSA Will Assemble OPEL and PEUGEOT Vehicles in Namibia in 2018

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) and the Namibian government have signed an investment agreement facilitating the joint-venture agreement between Groupe PSA and Namibia Development Corporation (NDC) to assemble OPEL and PEUGEOT vehicles in Walvis Bay. Assembly will start in H2 2018 with an annual targeted volume of 5,000 units by 2020 to meet… Continue reading Groupe PSA Will Assemble OPEL and PEUGEOT Vehicles in Namibia in 2018