Bloomberg reports that because of shifting tariff regulations, and thanks to cheaper import taxes, foreign brands have seen a market share jump from 28 percent to 41 percent over the last two years.This means, BMW, Mercedes-Benz and Audi have all capitalized on the shift leaving domestic producers ...
On top of the Onyx, Peugeot will debut its second study called the 2008 concept at the Paris Motor Show. Today is its online debut. The 2008 Concept is a precursor of an upcoming production crossover in the B-segment (sub compact category).
The 2008 is believed to ride on a modified version of the new 208 supermini's platform and could have the PSA Peugeot-Citroen's first petrol-electric hybrid drivetrain that will use an internal combustion engine to drive the front wheels and an electric motor to turn the rear wheels.
More information to come soon. For now, check out the gallery: