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New Peugeot 208 production cut as sales disappoint

Peugeot is cutting back on production of the new 208 as its sales fail to reach expectations, just six months on from launch. It’s not enough when Europe is ion the midst of an economic crisis and car buyers are polarised between ‘budget’ cars that offer more for less than mainstream offerings and ‘Premium’ models that are bought on the back of a preconceived notion of more kudos. That leaves car makers like Peugeot (and Renault, Citroen, Vauxhall, Ford, Opel, Fiat…) between a rock and a hard place, unable – or unwilling – to compete with the offerings from Korea and saddled with a brand that doesn’t have the ‘class’ of an Audi or a BMW or a Mercedes or even a VW.

Detroit 3 set pace as March sales advance

UPDATED-U.S. light-vehicle sales -- led by strong pickup and crossover demand at Detroit's automakers -- rose 3 percent to 1.45 million units last month, slightly below forecasts but a positive signal the spring selling season is off to a solid start. It was the industry's best month since 1.48 million light vehicles were sold in August 2007.

2014 BMW X5 priced starting at $53,725

The 2014 BMW X5 was officially revealed by the automaker about a month ago, but now the pricing has been officially released. The rear-wheel drive X5 sDrive35i starts at $53,725 (all prices include destination and handling) while the all-wheel drive xDrive35i will start at $56,025. These models come with BMW's 3.0-liter twin-turbo inline-six laying down 300 hp and 300 lb-ft of torque.