Peugeot to unveil 508 Sedan and SUV concept at the Shanghai Auto Show

Peugeot 508 1 Peugeot to unveil 508 Sedan and SUV concept at the Shanghai Auto Show

Peugeot 508 2 Peugeot to unveil 508 Sedan and SUV concept at the Shanghai Auto Show

China is growing at a break neck speed and the Chinese economy is one of the largest in the world and a force to reckon with. The affluent economy is driving the volume of car sales in China and this big market for autos is attracting car manufacturers from around the world. It is simple logic that the cars need to be manufactured according to the need and taste of the regional market. Peugeot has come up with many initiatives to launch new car models that will match the expectations of the Chinese populace that is tech savvy and aesthetic sensitive.

Peugeot plans to introduce at least one new vehicle model each year to cater to the China market. In line with its plan the company has planned to introduce the 508. It is planned to be produced locally in the Chinese market. The car maker hopes to achieve a sales volume of 65, 000 units every day and thus they plan to produce the same number of units every year in China. Peugeot , the French Auto maker states that the car model is designed to help them reach their objective in the Chinese market which is an annual sale of 200,000 vehicles in the Chinese territory in this year.

The European version of the 508 sedan and wagon was unveiled in the Paris Motor Show in 2010 and were up for sale in February that year. Peugeot plans to launch a SUV model along with the 508 model in the Shanghai car show. The all wheel drive models were designed and developed at the local, Tech Centre in Sanghai, China. It seems Peugeot has a great preparation to corner the Chinese car market. Let us hope that the cars does a roaring business in China.

–Kreation Guru

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