After some Indian Car Brands, Now Its Time for International Car Brands. Yes! You heard it right!
Peugeot is a Major French Car Brand, Part of PSA Peugeot Citroen, the Second largest Carmaker in Europe.
French car Giant Peugeot is set to launch India in Next year. As per the Company may set the manufacturing plant either in Tamil Nadhu Or Andhera Pradesh. This Company is already in negotiations in two states with State Government.
Peugeot came in the form in nineteenth century Coffee mill and Bicycle manufacturing. This company originally from Sachaux, France. It’s having large manufacturing Plant and Peugeot Museums there.
Peugeot is long way off from its ambitious target to sell 4 Million Unit annually by the end of the decade. This year company plans to put sales project at 2 Million, but chief Executive Mr. Collin plans to reach the targets set out by parent company PSA. This plan involves Expansion on two fonts. Peugeots plans to developing new models to complete in segment where it currently does not compete.
Company plan of action is company conducted consumer clinics in October last year with the market research firm IMIRB, and looking at bringing its hatchback 307 and sedan C5 in India. It had Discussion with the Automotive Research Association of India to Understand the regulation and Homologation, thereby making the vehicle, meeting the Indian rules and norms.
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