Peugeot is developing a new £30k-plus crossover as a range-topping halo model to occupy the slot last occupied by the 607.
Instead of being another large saloon, a new flagship “needs to be different”, the firm says. The new car is expected to be marketed as a well equipped crossover in the mould of the Audi A6 Allroad. It is likely to have a raised ride height and styling features emphasising its dual role and high technology.
Based on the five-door 508 SW, it will use a Hybrid4 diesel-electric drivetrain and feature a number of design and styling variations to give it a distinct, high-end identity.
Insiders hint that a concept version will appear at the Frankfurt show this autumn. The production version will appear at least a year after that. Peugeot plans to ease Hybrid4 on to the market slowly to gain experience.
Peugeot has made a substantial investment in Hybrid4 technology and it will eventually be deployed across several models, including the 508. Developing a modified version of this car is vastly less risky than developing a completely new executive model.