Posts Tagged Market

Peugeot to Re-enter Indian Market

Peugeot Citroen, Europe’s second largest car maker is planning to enter the Indian market with its range of small cars and mid-segment sedans again. Peugeot is scouting for various options in India and has held negotiations with various automobile bodies like the Society of Indian Automobile Manufactures (SIAM), Automotive Component Manufacturers Association of India (ACMA) and various component makers from southern India. The group has 5.2% share of the global automobile market and controls 14% market share in Europe, and now looking at workable options in India. Peugeot being a French carmaker has always been known for artistic styling and brilliant attention to details.

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