Mahindra is trying to cover up the loss at Peugeot which stands at Rs. 1735 crores by getting rid of 1/5th of the workforce. Mahindra owns a 51% stake in Peugeot, since its takeover in 2015 for Rs. 216 crores. The company offers 2- and 3-wheelers varying from 50cc to 400cc engines. These are sold … Read More
Peugeot Motorcycles
Peugeot Ludix Spotted Testing In India
Peugeot’s commercial scooter, the Ludix was spotted on the roads of Pimpri-Chinchwad, Pune. Peugeot Ludix is a pretty basic scooter that features a compact, robust and ergonomic construction. It is used by delivery companies due to the fact that it is compact and has a pretty versatile nature. The scooter is pretty light-weight and weighs … Read More
Peugeot Scooter India Launch On Indefinite Hold
Peugeot scooter India launch put on hold as Mahindra is unable to meet the price expectations in India. Indian UV maker Mahindra acquired a 51% stake in Peugeot Motorcycles back in January 2015 by paying 28 Million Euros (Rs. 225 crores). The company had also imported six Peugeot scooters to India, of which some models … Read More
Peugeot Showcases Metropolis, Speedfight, DJango At 2016 Auto Expo
Peugeot showcased the three wheeled Metropolis RS, the fourth-generation of Speedfight and the retro looking DJango at the 2016 Auto Expo. Mahindra Two-Wheelers bought 51 percent shares in Peugeot scooters last year and completed the acquisition. The Indian manufacturer showcased three scooters from the French automaker namely the Metropolis RS, Speedfight 4 and DJango at … Read More
