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Old 6th October 2015, 18:59   #46
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

As long as they dont let Tata do the selling I guess this is beneficial for both the parties. the Negative impact of TaMo's sales and after sales service still shows in Fiat ASS centers. In fact I dread taking my Punto there!
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Old 30th September 2016, 16:56   #47
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Peugeot looking for partnerships to enter India

Speaking to the media at the 2016 Paris Motor Show, Peugeot chief executive Carlos Tavares has indicated about the company’s plans to enter the Indian market in the next couple of years. The CEO also mentioned that the company is currently on the lookout for the right partner to take things forward.

This isn’t the first time that reports about Peugeot's India entry have come to light. The French automaker has been trying to enter India for over 5 years now. It had even opened a corporate office in Mumbai, and acquired land for a production facility in Gujarat in the year 2011. However, the project was shelved due to financial limitations. Recently, the company had also approached Tata Motors for a Joint Venture, though talks were soon called off.

Peugeot had earlier made its Indian debut under a partnership with Premier Automobiles Limited (PAL). The 309 was the first car to be sold under this partnership. Peugeot pulled out of the market after suffering financial losses due to labour unrest and poor dealer services. Several disgruntled customers were duped of the booking deposits they paid for the 309.

Source: Autocar India

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Last edited by dZired : 30th September 2016 at 17:03.
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Old 7th October 2016, 12:57   #48
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Default Re: Peugeot ditches Gujarat Factory plans. GM unwilling to let Peugeot use its plants

Boss of PAL-Peugeot remembers his days in India.

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“I remember being particularly impressed with Hyundai which had also entered the country in 1996. The company was focusing extensively on localisation since this was imperative for a cost-effective operation to be in place,” he recalls.

In contrast, Peugeot (like other European automakers) was still heavily reliant on imported kits from overseas which would then be assembled at its Kalyan plant. Manlay believes this comparatively casual attitude had to do with the fact that the company, like other global automakers, was doing well in its home market. India was a different kettle of fish and there was really no compelling reason to step on the gas.
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