Our regular readers will remember we talked in detail about Premier Ltd. (formerly Premier Automobiles Ltd.), having tied up with Fiat to source the highly popular 1.3 Multijet engines for its Rio compact SUV. The two recently signed a three year agreement for the supply of the multi-jet diesel mill to Premier for use in the RiO. It may be noted that usage of this engine will enable the manufacturer to sell the diesel Rio in BS 4 markets and hence, have a potential for increased sales. This motor will also benefit the Rio in terms of refinement and power. Premier is in the final stages of technical integration and we expect the manufacturer to start initial deliveries by the end of this month. Stay tuned for more info on this.
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