This Lady Doesn't Understand What's Wrong With her Car…

If you're pushing your gas pedal to the metal with your engine sounding like a jumbo jet during liftoff but you're still moving slower than a hungry turtle dashing through peanut butter, then we'd say that's a sign there's something seriously wrong with your ride.

Try telling that to this Croatian woman who was driving a Peugeot 206 CC in the city of Zagreb.  No, really, we dare you, try telling her.

yourcars-007 tipster and reader Luka C. explains:

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GM and PSA Axe Plans for Mid-Size Models, Narrow Their Partnership

Even though it hasn't been that long since General Motors and PSA Peugeot-Citroen announced big plans for an elaborate partnership, the two companies have failed to come to an agreement on a number of projects.

After dropping plans to jointly develop a small car for Latin America and a dual-clutch gearbox earlier this year, we now learn that GM and PSA have also scrapped plans for a joint mid-size car program that would have seen models like the next-generation Opel/Vauxhall Insignia, Peugeot 508 and Citroen C5 sharing parts.

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Peugeot Releases UK Pricing for 2013 RCZ Sports Coupe

Following the world premiere of the restyled RCZ at September’s Paris Motor Show, Peugeot has confirmed UK pricing for the coupe model that will arrive in showrooms across Britain during the second week of January 2013. Read more »

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GM and Peugeot Reportedly Freeze Talks About a Tie-up of Their European Operations

In many relationships, there comes a time where the two sides don’t know what they want from each other and things start getting awkward.

General Motors and PSA Peugeot Citroen seem to have reached that point faster than anyone would have expected. After all, their alliance was formed only eight months ago amid assurances that it would greatly benefit both groups and help them ride the European market crisis successfully due to the huge economies of scale that would be achieved.

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Marchionne Refutes Bloomberg Report on Fiat, Peugeot and Opel Tie-up

On Tuesday, we ran a story based on a report by Bloomberg News that Fiat CEO Sergio Marchionne has been talking to PSA Peugeot Citroen and Opel executives about the three carmakers merging into a single entity. Today, however, Marchionne refuted the report describing it to Automotive Europe as “bizarre”.

The Fiat-Chrysler CEO admitted that he had been talking with GM and PSA CEOs Dan Akerson and Philippe Varin, respectively, but he stressed that the discussions were misinterpreted by the report.

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Once More: Marchionne Wants to Merge with Peugeot and Opel, Outgun VW in Europe

All mainstream European carmakers are, to a higher or lower degree, facing problems due to the debt crisis that’s storming the continent.

Ford has started closing down plants, Opel and Peugeot are burning cash each day for the past eight months while they try to figure out how to work on their partnership and, as for Fiat… well, thank God that Chrysler is profitable.

The sole survivor in this mess seems to be the VW Group that’s still very profitable, much to the annoyance of its rivals and especially Marchionne who accused Wolfsburg of not playing by the book. However, even the mighty VW has been forced to trim its estimates, as the crisis begins to knock on Germany’s door.

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