Premier planning to launch a new petrol and diesel variant of Rio mini SUV by Diwali this year

In order to increase their market share in the Indian auto industry, Premier Automobiles is planning on launching 2 new variants of their only passenger vehicle currently available in India, Rio mini SUV. As of now, in the Indian car industry, Rio mini SUV is available in 3 variants namely, Rio EX for Rs 5.29 lakhs, Rio DX for Rs 5.54 lakhs, and Rio LX for Rs 5.99 lakhs.

All these variants are powered by the same 4 cylinder 1.5L diesel engine from Peugeot. What the new report suggests, is that the new Premier Rio will get the 1.3L MultiJet CDRi diesel engine from Fiat Auto. Premier will also launch a petrol variant which is expected to be powered by a 1.2L engine.

Now you would wonder why to launch a petrol engine in today’s time when everybody is running after diesel powered cars. One major benefit of launching petrol powered Rio is that Premier will be able to cut down the overall pricing of the vehicle by approximately Rs 70,000 to Rs 1 lakh.

So for people who do not have much travelling to do and are looking to buy a car for personal use, Premier Rio petrol will turn out to be a very decent option as we expect the car to be priced around Rs 4.5 lakhs.