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Old 13th July 2012, 07:43   #16
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Default re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Launch rescheduled, dates unknown yet! GM shows no interest in PSA alliance in India.

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The persistent loses being faced by PSA Peugeot CitroŽn, are resulting in change of every plan of the French carmaker.
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Just a few weeks earlier, the company had announced an investment of Rs. 4,000 crore for setting up of a green field facility in India. But, thanks to the huge financial hit, the company scrapped the whole plan and is now making fresh strategies for the country. At the same time, the company will go ahead with the launch of one of its premium models. Though the launch was planned for 2013 year end, the schedule will be revised
Peugeot India Launch Rescheduled Again | MotorBeam - Indian Car Bike News & Reviews

Last edited by volkman10 : 13th July 2012 at 07:48.
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Old 3rd September 2012, 00:21   #17
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Post deleted by the Team-BHP Support : Please do NOT post one-liners that add little or no informational value to the thread. We need your co-operation to maintain the overall quality of this forum.

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Old 3rd September 2012, 13:56   #18
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Will TML not object to 207? They already had a product with that name during the Sierra, Tata Estate era.

Last edited by GTO : 3rd October 2012 at 15:23. Reason: Quoted post deleted
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Old 4th September 2012, 09:06   #19
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

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Will TML not object to 207? They already had a product with that name during the Sierra, Tata Estate era.
Should not be a problem. They are already into 208.
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Old 4th September 2012, 13:29   #20
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Peugeot's half hearted efforts entering the Indian market does not auger well for both the company and its customers. There are two areas of building alliances here -

Manufacturing setup
Sales and Servicing

There may be other alternatives that they could explore such as manufacturing facilities available at HM-Mitsubishi at Chennai which best assumed is grossly underutilized or even Force motors which do not have competiting line up of vehicles.

The manufacturing alliance can probably extended to the sales network even the bare basic numbers these companies have at this time. It will not only give Peugeot an instant foot hold but also help the hosts and their dealerships make some moolah out of the volumes.

Wonder why these types of partnerships are not worked out?
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Old 5th September 2012, 13:48   #21
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

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Should not be a problem. They are already into 208.
But there are still 207s running. Let us see how this affects Peugeot
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Old 11th September 2012, 22:32   #22
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Peugeot in trouble. Peugeot Dropped From CAC 40 Index as Its Value Dwindles.

Europeís second-largest carmaker, will be removed from Franceís leading stock index after the companyís shares declined more than 60 percent in the last 12 months.
The French manufacturer, which trails only Volkswagen AG among the continentís carmakers, will be replaced by Solvay SA (SOLB) in the CAC 40 index on Sept. 24, NYSE Euronext said late yesterday in an e-mailed statement. Jean-Baptiste Mounier, a spokesman for Peugeot, declined to comment.


http://www.bloomberg.com/news/2012-0...-dwindles.html
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Old 20th September 2012, 15:45   #23
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Fresh news:

http://economictimes.indiatimes.com/...w/16468050.cms

Peugeot surrenders 600-acre Sanand land where it proposed to setup it's 4000 crore manufacturing facility. Article mentions that Peugeot doesn't have any plans for the India market atleast until 2015-2016.
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Old 21st December 2012, 20:20   #24
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Update :-

Peugeot-GM may have joint activities in India. In a joint statement, the partners have announced their intention for new additional global initiatives which include Ďexploration of product and industrial initiatives in Latin America or other growth markets. ďIndia could be one of the growth markets,Ē a PSA Peugeot CitroŽn official told our sister magazine, Autocar Professional.

Source :- http://www.autocarindia.com/News/327...-in-india.aspx
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Old 2nd January 2013, 23:21   #25
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

The latest is that the Gujarat government has sold around 200 acres, out of the 584 acres allotted to PSA Peugeot Citroen, after waiting for a year for payments from the auto company.

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French carmaker, PSA Peugeot Citroen, has lost a third of the land allotted to it in Sanand. After waiting for over a year for payments, the Gujarat government recently sold around 200 acres of the 584 acres allotted. “Since the company has failed to make even a single payment, we have sold around 200 acres reserved for Peugeot to other companies keen to buy land,” confirmed two state government officials, adding the land had been sold in small parcels of 20-40 acres each.”

While the carmaker still has another 300-odd acres to set up the proposed plant, state government officials said the government might sell the remaining land, too, if the demand came up in future.
Details and Source - http://www.business-standard.com/ind...eugeot/497446/

The future looks grim for the French company in the Indian market. What next, one wonders.
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Old 21st March 2013, 09:34   #26
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Peugeot loses land, to skip India operations!


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Peugeot has skipped all the deadlines for the payment as per the State Support Agreement (SSA) and failed to procure the land allotted for the factory. Peugeot had already lost 200 acres and now the rest of the land also cannot be claimed by the company as the validity of the SSA expired recently.
http://indianautosblog.com/2013/03/p...#ixzz2O8xlJfJz
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Old 21st March 2013, 10:21   #27
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

The only sensible way for Peugeot to enter the Indian market will be to utilize an existing company's plant (something underutilised like Mitsubishi etc). It means no major investment, quick entry, lower costs as the vehicle is not a CBU, and potential access to the dealer network of said company. Suits everybody. Am just surprised a company like Mitsubishi has not taken this proposal to a manufacturer wanting to enter the country.
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Old 21st March 2013, 10:51   #28
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

I dont think companies like Peugeot or for that matter Fiat can look at the Indian market to overcome their global problems. They could however use India as a low cost manufacturing base and not concentrate on the market itself. It will be half hearted and might push them into more problems by running out of cash.
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Old 1st July 2014, 12:31   #29
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Peugeot is once again considering an entry into India.

Link to Team-BHP News Article
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Old 1st July 2014, 16:28   #30
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

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Originally Posted by srishiva View Post
I dont think companies like Peugeot or for that matter Fiat can look at the Indian market to overcome their global problems. They could however use India as a low cost manufacturing base and not concentrate on the market itself. It will be half hearted and might push them into more problems by running out of cash.
It was a tough and wise thing that Peugeot did. They have focussed on developing better products and also focussed on the Chinese market as well as getting a cash infusion. they also rationalised the product range and are cutting all non profitable models
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