"Challenge the imagination.

The key to design is passion, and Peugeot has been sharing this passion for six years. The adventure continues with the fourth Peugeot Design Competition. Driven by imagination, the competition provides an opportunity for tomorrow’s talent to express itself. Car design enthusiasts have risen to this challenge of their engineering and imaginative talents."

Actually this competition is closed since the 2007 winner is announced already. But for all those who like to design cars (?!) it could be a good idea to check this site for when they announce the 2008-competition (if any?)
Design Contest