The PSA group confirm their entry into the Indian market with Citroen and Peugeot brands. The company will be launching the Citroen C5 and the Peugeot 308 to begin their Indian entry.
Whether the company will begin with CBU imports or CKD kits is yet to be known.
PSA group is famed for their diesel engines and expect both the C5 and 308 to be turbo charged diesels. The engines will be made by Ford and is likely to be the Ford Duratorq units first seen in the Fiesta Diesel. ( PSA group already has a JV with Ford for diesel engines)
I believe the company will assemble their cars in India. There are also rumours that the company is looking to setup a plant in South India.
