Premier Back in Action with Rio – MJD Model Launched.


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350Z

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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Here’s is another spy picture of Pal Rio. This one really looks much better than existing model.

Premier-Rio-Mini-SUV-Facelift.jpg
Picture Source: IndianCarsBikes.in

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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Looks compact and good. If the interior space is as good as Manza and has the necessary features, it will be a good replacement for my car.

I don't want the extra seats, just luggage space and some good ground clearance.

While I am happy with Manza, I am afraid to take it on real bad roads that we have leading to some great destinations.
 
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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Here’s is another spy picture of Pal Rio. This one really looks much better than existing model.

Drive Safe,
350Z
This is the one I am waiting for. It looks much better than the current Rio. If it comes with a good engine (hopefully from Fiat) then this car cannot be written off just like that. Watch out for a great battle between new Rio & Mini-Xylo during Auto-Expo 2012. [glasses]
 
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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Wow new Rio is looking good both on the inside and outside , hope they bring in this car with a good engine.
 
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350Z

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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

This is how new Rio will look.
Fantastic pictures. Those interiors look way ahead than of existing Rio. But guess what?

This car is a straight replica of Daihatsu Terios. Infact, according to Wikipedia there is also a possibility that it was illegally copied.

DAIHATSUTerios-medium-137_4.jpg

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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Finally!!! The Premier Rio has finally got the Fiat Multijet engine under its hood. The said information was confirmed by Autocar India editor Hormazd Sorabjee on Twitter. The 1.3-liter Fiat Multijet is expected to produce 90 hp of power at 4000 RPM and 2000 Nm of torque around 2000 RPM. [drive]
This will make the upcoming Rio much more exciting & desirable option.

Source: Motorbeam
Premier Rio Gets The Fiat Multijet Engine | MotorBeam - Indian Car Bike News & Reviews
 

Vishwas

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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Good idea,the company has a spot on plonking the national engine![clap]
and 90hp is worth powering this vehicle.
 
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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Rio no doubt looks good,but when one is buying a four wheeler ,after sales service is very important.Don't think Premier can take care of this.Remember Premier showroom in Bangalore Kormangla area.Only a red color Rio was there and the showroom also closed after three four months.
 

AMG

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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

This and the Eco-Sport are the two launches I am looking forward to the most.
 

Akash

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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

In the mean time, PAL should concentrate on setting up new/collaborated dealerships. This is the only way to sell decent volumes of its upcoming BS4 version.
 
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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

Fiat, Padmini close to signing pact to source 1.3 litre multijet diesel engine for Rio

Source: Economic Times, 22nd Nov 2011MUMBAI: Fifteen years after they parted ways, Premier Ltd, run by Walchand Hirachand Group, and its erstwhile partner Fiat, may soon kiss and make up.

Premier, the maker of the iconic car Padmini which ruled Indian roads for three long decades - between 1955 and 1985 - has turned to Fiat to make a mark in the ferociously competitive Indian passenger vehicle market. It is very close to signing a commercial agreement with its former partner for the 1.3 litre multijet diesel engine - the one that drives Maruti's Swift and Tata Motors' Vista - for its compact sports utility vehicle (SUV) Rio.

Having re-entered the passenger vehicle space with Rio in 2009, Premier plans to source 6,000 to 8,000 engine units from Fiat, which conform to Bharat Stage IV emission standards and caters to top 13 cities, including Mumbai, Delhi, Chennai, Kolkata, Bangalore.

"We have been in talks with Fiat for quite some time. There are a couple of vehicles in Italy right now which are being tested; once the technical integration is ready, we will enter into a component supply agreement with Fiat," Chairman and Managing Director of Premier, Maitreya Doshi, told ET. And for Fiat, which has been struggling to post decent sales numbers of its own cars, any sourcing business will help reduce losses. Rajeev Kapoor, MD, Fiat India, said: "Yes we are in talks.

The engine is under final calibration, once it's over, it will take another two to three months to be used. Though it is not a big volume, it will definitely offer additional revenues to Fiat India." Premier had fallen out of its joint venture with Fiat in 1997 due to recurrent labour problems at its Kurla plant, which were causing heavy losses.

Premier has managed to sell just 2,000 Rios since its launch, which is miniscule in the annual SUV market of over 3-4 lakh units. Doshi attributes this to the lack of a BS IV engine which restricted the sale of Rio to Tier-II and Tier-III cities, but with BS IV, it could be a different game altogether.

The company, however, used the opportunity to introduce a few improvements like better NVH (Noise Vibration & Harshness), improved interiors and well-tuned engines. Premier has entered into a formal component supply agreement with Zotye Auto of China to source 15,000 CKD kits per annum for Rio. These kits are assembled at the company's plant in Chinchwad, Pune.

Apart from the tieup with Fiat, Premier has also worked with engine design experts, AVL, to develop a 1.2 litre BS IV petrol engine. Well aware of the highly-competitive environment, Premier is eyeing a very conservative volume of 8,000 to 9,000 units and wants to be a niche player.

"Unlike other established automakers that have running businesses, for us, it is a restart after a decade. We have decided to let capacity chase demand, rather than create capacity and then wait for demand," says Doshi. Premier is also planning to expand the dealership to around 100 locations from its current 50 in the next 12-18 months.

Experts say Premier had the first mover advantage in the compact SUV market, but it failed to capitalise on it. The largest SUV maker in the country, M&M, is very close to launching its own compact SUV Xylo and it won't be easy for Premier to do the catching up. "The smart thing would be to keep expectations low. The fact that they have tied up with Fiat and have come out with improved interiors is a step in the right direction.

Premier will continue to be a niche and marginal player but they have done the best they can," said Hormazd Sorabjee, editor, Autocar India. The automotive business is still a very small part for the Rs 300-cr Premier, with over 90% of its business coming from heavy engineering and machine tools division.

The engine tie-up is crucial, as it will help the carmaker reach out to big cities and help in building volumes. "Our engineering & machine tool business is growing at a good pace and even if I manage to touch a volume of 8,000 to 9,000 in a year, our turnover can triple to almost Rs 1,000 crore in the next few years," said Doshi.

Premier may be marginal player, but the company still has a land bank of 218 acres at Kalyan, in the outskirts of Mumbai, which it plans to monetise soon and it may use the proceeds to expand the automotive division. Established in 1944, Premier (formerly know as Premier Automobiles) went on to become one of the pioneers of automobile manufacturing in India.

Being a leading player for decades, Premier Auto had got into a tie-up with Peuguot and Fiat, post liberalisation, but both the ventures were fraught with legal hassles and labour issues which pushed the company into losses. The company made a comeback of sorts into the automotive sector by launching a diesel van and a pick-up in 2004, but it is still an inconsequential player in the fast growing van and pickup market.
 
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Re: PAL Back in Action with Rio (BS-4 Coming Soon)

M & M mini-xylo will be Rio killer. PAL must increase distribution network & improve A.S.S. to survive in market. PAL should also stop cheap cost saving tactics like Chinese tyres.
 

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