PSA Peugeot Citroen in Russia

Mhmm… Crisis in Russian? Do you know as it looks? Do you know what is it?

That’s a photo of some airport near St. Petersburg in Russia. A few years ago it was looking like this. Today its looking like this.

Now it’s stiffly stuffed with unsold PSA Peugeot Citroen cars.

Russian PSA’s dealers say that they got too much overstocked with this inventory and now they simply use all free territories available to cheap pack them with thousands of cars.
As we know it’s not too good for cars to stand at open air under the Russian weather which is far not stable.

Motorsports being shaken to the core. Not stirred

If there is not a further sign that our economy is in peril, then look no further than to the motor sports community. In the last couple weeks we have seen most major forms changed. We have Honda pulling out of Formula 1. Then Suzuki pulls their World Rally Championship program. Followed a few days later by Subaru.

Next Audi and Porsche suspend racing in the American LeMans Series, with a triple blow by the announcement canceling the 2009 Detroit Belle Isle Grand Prix after its short two year stint after nearly a decade off the circuit.

Nascar is pretty much in shambles because of the Detroit Big 3 cutting spending.

And now off road racing is feeling the effects. Land Rover is canceling the G4 Challenge.

While we do hate to see this happen. But given the current economic conditions it is understandable to see major changes like this. Especially since that is the reason given in each case. Hopefully 2009 will be prosperous for the economy and many of these series will resume to normal operating procedures.

The Italians are coming! Alfa Romeo building U.S. Assembly Plant

This is about as official as you can get. Alfa Romeo will give it another go at the North American market. it has been nearly 20 years since Alfa pulled out due to poor sales and poor reliability ratings. Though all of that has changed. Alfa has been building some rather splendid automobiles in Europe for many years now. Though their quality can be questionable at times.

With the decline in the U.S. Dollar, Fiat Group CEO Sergio Marchionne revealed that Alfa will open a factory in the United States. This will be imperative to Alfa turning a profit in the U.S. Which will only happen after the first three to four years, once they are here.

In 1909 Fiat inaugurated a plant in Poughkeepsie, New York which it closed 1919.

Source: Automotive News.