Peugeot2

Filed under: Earnings/Financials, Tesla Tesla's value on the stock market far exceeds the number of vehicles it contributes to the automotive market. According to a report from Automotive News, Tesla is currently valued at $8.8 billion. Almost unbelievably, though we've never claimed to have a firm grasp on the inner workings of the stock market, that's a full billion dollars more valuable than Fiat and three times more valuable than PSA Peugeot Citroën, says the report. How unfathomable is that statistic? Consider the fact that Tesla, a ten-year-old company, just managed to turn its very first profit last quarter and has produced fewer than 10,000 vehicles in its lifetime. How does that compare to an automotive giant like Fiat? Well... it doesn't - The brand sold 44,772 Fiat 500s in the United States alone in 2012, and it owns or controls the Chrysler portfolio of brands along with Ferrari and Maserati... not to mention the hundreds of thousands of cars Fiat Group sells yearly in the rest of the world. Granted, the number of vehicles sold by a brand is just a small portion of its value, but you may still wonder, Why is such a seemingly small player in the global automotive marketplace such a big deal on Wall Street? According to AN, it has a lot to do with its controversial and headline-grabbing CEO, Elon Musk, and the way he disseminates company information to his investors. How so? We suggest you take a good look at the article here for the whole story.Wall Street loves Tesla's Elon Musk, values the brand higher than Fiat originally appeared on Autoblog on Tue, 14 May 2013 10:15:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

Filed under: Frankfurt Motor Show, Europe, Hatchback, Peugeot As much as we applaud automakers for flexing their design muscles every now and then, we occasionally find ourselves raising our eyebrows at the "new family design language" that companies smatter across their products. For example: Have a look at pretty much everything Peugeot has put out in recent years. Funky stuff, to be sure, but not always the sort of vehicles that garner adjectives like "pretty" or "sleek." And the old 308 hatchback was perhaps one of the company's worst offenders. But that changes, right now. Peugeot has taken the wraps off of the new 308 hatch, and from what we can see in these high-res images, it's decidedly better looking. The design follows in the footsteps of the recently launched 2008 crossover, boasting cleaner lines without that huge, gaping maw up front. Instead, there are slimmer, LED-capped headlamps and pronounced foglamps, topped off with a rakish hood. Strong body lines flow from front to back, where there's a clean rump and a thick, windowless C-pillar. Large, split-five-spoke wheels round out all four corners. Peugeot has not released any technical data about this 308 just yet, only saying that the new generation is a full (and appropriate) 308 pounds lighter than its predecessor, thanks to the company's new modular EMP2 platform. Inside, the reworked interior features premium materials and a rather interesting design, with a 9.7-inch touchscreen interface in the center stack and an instrument panel that's set high on top of the dashboard. Pretty cool. The 308 makes its official debut at the Frankfurt Motor Show in September. For now, have a good glance at the much, much better-looking hatch in our gallery above, and be sure to glance below for all of the details in Pug's press blast.Continue reading New Peugeot 308 looks to be a big improvementNew Peugeot 308 looks to be a big improvement originally appeared on Autoblog on Mon, 13 May 2013 16:27:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments