Premier Auto to enter Indian market with SUV Rio
Published On Oct 14, 2009 12:10 PM By Anonymous
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India’s oldest car companies, Premier Auto that is owned by the Doshi family, is ready to re-enter the Indian market with its compact SUV Premier Rio. Latest news is that Premier Auto has partnered with a Chinese Auto firm, Zotye Auto that will supply vehicle kits to Premier that will be assembled in India.
Premier has its manufacturing plant at Chinchwad near Pune. Zotye will export the units to India and Premier will supply diesel engine along with its assembly line power to manufacture the new SUV Premier Rio.
Both the companies are planning to bring the cheapest SUV in India priced at around Rs. 5 lakh. The new SUV Premier Rio will be at least 30 percent cheaper than Mahindra Scorpio. Expected to be priced at Rs. 7 lakh the top end model of Premier Rio will be completely loaded with airbags and anti-braking system. Now Toyota owned Daihatsu Terios will be sold as Premier Rio in India.
Read More on : Premier Rio detailed review
