Premier Automobiles Limited, unveiled its Compact Diesel SUV “RiO” in Bangalore on June 03, 2010. The RiO seats five people comfortably and is powered by Premier’s 1489 cc turbo diesel engine based on Peugeot technology delivering close to 65 BHP and a fuel efficiency of about 16 kms per liter. The vehicle, based on a Daihatsu model, will be sourced from China through a component supply agreement with Zotye Group, the Chinese manufacturer that sells close to 1,00,000 units per annum of this model from its modern plant near Shanghai, China. The RiO will retail in three versions with the base model priced at Rs. 5.66 lakhs (Ex-Showroom, Bangalore) and the high end model at Rs. 6.40 lakhs.