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Old 6th October 2017, 14:53   #46
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Default Re: Peugeot to re-enter India with the CK Birla Group

I live in Estonia now and just yesterday a colleague and I decided to go and check out the new 5008 (he has a Kaptur and wants to switch). We got into a conversation on Peugeot's first outing in India, and how the market has now become so competitive that they will have to do miracles to crack the market today; plus the baggage that the brand carries. And lo & behold, I see this thread on TBHP today.

I am not a big fan of Peugeot designs but the 3008 and 5008 are a leap ahead and had me spell bounded when I saw them.
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Old 10th November 2017, 18:48   #47
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Default Re: Peugeot to re-enter India with the CK Birla Group

Construction of the PSA-AVTEC powertrain plant has begun with a ground-breaking ceremony held at the site. The manufacturing facility is being built in Hosur, Tamil Nadu.

Peugeot to re-enter India with the CK Birla Group-psa1.jpg

The plant will have an initial manufacturing capacity of 2,00,000 units per year, however there are plans to ramp up the capacity in the future. The factory will produce engines and transmissions for the domestic market as well global OEMs. According to the company, a local supplier base will also be set up in order to lower costs.

Peugeot to re-enter India with the CK Birla Group-psa.jpg

The French automotive conglomerate PSA Group and the CK Birla Group had signed a 50:50 joint-venture back in January 2017. As part of the agreement, the two companies plan to manufacture and sell vehicle components in India under the newly formed company - PSA-AVTEC Powertrain Pvt. Ltd.

Link to Team-BHP News

Last edited by TusharK : 10th November 2017 at 18:50.
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Old 10th November 2017, 22:05   #48
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Now CK Birla own HM(Hindustan Motors), and HM has an alliance with Mitsubishi. If Peugeot comes into India with the help of HM, so where does HM-Mitsubishi partnership stand?
Or will there be a Tripartite Partnership agreement among them.
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Old 10th November 2017, 22:34   #49
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Default Re: Peugeot to re-enter India with the CK Birla Group

Quote:
Originally Posted by glikithvinayaka View Post
Now CK Birla own HM(Hindustan Motors), and HM has an alliance with Mitsubishi. If Peugeot comes into India with the help of HM, so where does HM-Mitsubishi partnership stand?
Or will there be a Tripartite Partnership agreement among them.
We all know where Mitsubishi is in India, we all know how the dealerships have literally vanished from the Indian market. There is one dealer where I live called Maya Motors, slowly he's been shrinking his showroom to accomodate others so that he can stay afloat. This with Chennai being the hub for HM Mitsubishi operations. I don't see PSA doing any better, especially after literally 'absconding' from the Indian market leaving their clients saddled with products with no service support some years ago. That said average Indians memory is rather short.
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Old 11th November 2017, 14:24   #50
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Default Re: Peugeot to re-enter India with the CK Birla Group

Mitsubishi's automobile arm globally is not doing well. HM otherwise also is bankrupt with no product in development / sale. Peugeot for that matter may catalyse HM and revive its fortune if the strategy for entry in India and the product line is accepted by the masses.

I see a ray of hope from this relationship.
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Old 23rd November 2017, 14:55   #51
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Default Re: Peugeot to re-enter India with the CK Birla Group

The latest on this front is that PSA Group is reportedly talking about investing 1 billion ($1.2 billion) to build a car factory and an engine plant in southern India.

This news report is quoting an unnamed person, who has 'direct knowledge' of the matter.

He might be wrong on the 'car factory' part.
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Old 6th December 2017, 13:29   #52
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Default Re: Peugeot to re-enter India with the CK Birla Group

PSA plans to bring Maruti Suzuki Swift competitor; expects to rollout by 2020

Codenamed SC21 will be the competitor to Maruti Suzuki Swift and will sit between Hyundai Grand i10 and Maruti Suzuki Baleno, in terms of positioning.


Source

But Maruti Suzuki is speculated to have an Electric version of Swift in 2020
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