Very few automobile makers are missing in the hot automobile market that is India. One such automaker, Peugeot Citroen is about to join the band wagon and soon. The French automaker is currently considering setting up plants in Romania, Turkey, Ukraine and Poland. From there the cars will be exported to the emerging markets like South America, Africa, China and India.
PSA Peugeot Citroen plans to bring range of small cars and mid-segment sedans to India. Peugeot Citroen is planning to rival well known Renault’s logan. Similar to the logan, Peugeot Citroen low cost car will be meant for emerging markets like India. Peugeot Citroen new low cost car will be built on modified version of aygo’s platform. With Peugeot’s entry, one may expect more hybrids and electric cars on the roads. Remember, very recently PSA Peugeot Citroen expressed its interest to re-enter the robust Indian automobile market. PSA Peugeot Citroen may start selling cars in India as ealry as 2011. PSA Peugeot Citroen is also considering setting up a component sourcing base in India.