Latest Car News in India

Wednesday, August 24, 2011

By Pranjal Gera

Premier Rio to be launched in two new variants this festive season

Premier Rio, the popular mini sports utility vehicle that has created a segment of its own in the Indian market, will soon to be launched in two new variants in the country. The Premier Rio is currently the only passenger segment vehicle in Premier Automobiles India portfolio. The SUV is currently available in three trims including Rio EX, Rio DX, and Rio LX, priced at Rs 5.29 lakhs, Rs 5.54 lakhs and Rs 5.99 lakhs. All of these Rio variants are powered by a 1.5L diesel engine to which company has sourced from Peugeot.

Premier Rio Pictures

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The upcoming variants are expected to be powered by a smaller 1.3L MultiJet CDRi diesel engine from Italian carmaker Fiat. Moreover, a petrol version of the SUV is also possible to come powered by a 1.2L engine. However, the company is yet to reveal its future product plans and details like the timeline of launch of the new variants of Rio in the Indian market.

 

Premier Rio Pictures

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The Premier Rio, which has been performing considerably well in the Indian market, will be able to strengthen its position in the Indian market with the launch of new these new variants. Specially, if the Rio model will be launched with a 1.2L engine, the company will be able to reduce its price significantly, which in turn enhance its competitiveness in the Indian auto market. The new petrol version of Rio is expected to be about Rs 70,000 to Rs 1,00,000 cheaper than the existing model of the vehicle. One of these new variants is expected to hit Indian roads this festival season.

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