Wednesday, 1 February 2012

Peugeot to launch 508 sedan and 3008 hatchback in India, to compete with Maruti Suzuki Swift - Images

Peugeot will directly attack the leading car marker, Maruti Suzuki in India by launching a small hatchback for the Indian market and will compete with Suzuki Swift. The car maker will also launch Peugeot 508 Sedan along with  RCZ Sports coupe.

The car maker said " At least two Peugeot models for the mass segment are on the works back in France, slated for an India launch starting 2014. The first is likely an entry sedan, followed by a Maruti Swift-competitor premium hatch, both of which are based on its ‘M3' low-cost platform. These models will be made locally at its new Rs 4,500-crore plant in Sanand, Gujarat", a company official said.

An official from a domestic component supplier added, “The sedan based on the M3 platform is for the emerging markets. It is expected to come with a 1.3-litre engine, likely turbocharged since Peugeot is a diesel expert. It will compete with cars such as the Fiat Linea.

Peugeot, which is switching its India headquarters to Ahmedabad from Mumbai on Wednesday (February 1), is also looking at the “possibility of a non-OEM partnership” in India.

Peugeot 3008 Sedan will be launched in price range of Rs 5-7 Lakh and sedan in the range of Rs 8 - 10 Lakhs.

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