Bentley aims to sell 100 units in India by 2017    Fiat Chrysler recall 11 lakh vehicles    Next gen Skoda Yeti to be bigger with more space    Goa is the fastest growing market for Mercedes-Benz    Mahindra to launch Bolero Pik-Up on 27th April

Peugeot Plans India Re-Entry

Total Shares 0

peugeot_107

PSA Peugeot Citroen is charting a quiet re-entry into India. The e34.6-billion French auto major is interested in both sourcing components as well as setting up a production base in India, said a company official. Peugeot Citroen is among the few global automobile companies that does not have a full-scale presence in India yet.

“We are looking at an industrial strategy and exploring both the JV and 100% subsidiary options,” said Rajesh Nellore, company’s V-P in charge of India. However, because of the current slowdown, the automaker is yet to take a final decision on its India strategy. “These are difficult times right now and we have not made any final decision,” Mr Nellore said.

Peugeot is looking to use the sourcing route to acquaint itself with the Indian market first. The company established a local office in Chennai a couple of months ago and kicked off sourcing components through Magna Steyr. “We have just started sourcing components and are now doing it on our own instead of through Magna,” Mr Nellore said.

Peugeot Citroen teams have met officials from the Society of Indian Automobile Manufacturers, the apex body for the auto industry in India, for inputs on the emission roadmap, road-worthiness rules and policy structure. According to a partner in a Delhi-based MNC consultancy firm, Peugeot’s sister brand Citroen is also interested in an India entry thanks to the line-up of small cars in its stable.

Comments on this entry are closed.

Aprilia Tuono V4 1100 Factory Test Ride Review

Aprilia Tuono V4 1100 Factory Test Ride Review


April 29, 2016    Faisal Khan

Aprilia Tuono V4 1100 Factory Review Bike Tested: Aprilia Tuono V4 1100 Factory Review; Road Test No. 689 Price OTR Mumbai: Rs. 21,54,232/- The Aprilia Tuono offers the perfect blend of superbike power & street-fighter usability Italians sure know how to make automobiles, be it on 2 or 4-wheels. In recent times, there has been […]

2016 Jaguar XE Test Drive Review

2016 Jaguar XE Test Drive Review


April 27, 2016    Aman Sancheti

Jaguar XE Review Car Tested: 2016 Jaguar XE Petrol; Road Test No. 688 Price OTR Mumbai: Rs. 55.78 lakhs The XE has got a lot of attention from Jaguar and it shows, a very important car for the brand When an individual wants to announce their arrival, one of the first step is to buy […]

2016 BMW 3-Series Facelift Test Drive Review

2016 BMW 3-Series Facelift Test Drive Review


April 27, 2016    Parth Gohil

2016 BMW 3-Series Facelift Review Car Tested: 2016 BMW 320d M-Sport; Road Test No. 687 Price OTR Mumbai: Rs. 44.78 – 55.35 lakhs The BMW 3-Series gets some much-needed increase in appeal with this mid-life update M is the most powerful letter in the world. I learnt and experienced that during a track drive in […]

Tata Bolt Long Term Review – Final Report

Tata Bolt Long Term Review – Final Report


April 27, 2016    Parth Gohil

Tata Bolt Long Term Review Long Term Test No. 87 Car Tested: Tata Bolt MultiJet XT Kms Done: 9508 kms Test Started at: 5271 kms Test Concluded at: 14779 kms Mileage: 15.99 km/l, 19.98 km/l (best), 12 km/l (worst) Fuel Consumed: 595-litres Fuel Cost: Rs. 30,654/- Rs. per km: Rs. 3.22/- Drive the Bolt and […]