Dongfeng Motor held talks in recent weeks with potential advisers about ways to monetize part or all of its 12.2% stake in the French carmaker.
The new price point puts the 208 below its Japanese rivals, making it a serious contender for your money.
Delivers a class best 270hp @ 6000rpm with Malaysia being the only one in the region getting this powerful version.
Peugeot exited the US market in 1991, having been surpassed by Japanese rivals. as it sold 3,500 vehicles that year.
The 208 has four engine options: three 3-cylinder 1.2L petrol engines and one 4-cylinder 1.5L diesel engine, all with varying transmissions.
Take a test drive yourself, bring your family, load them into all six-passenger seats if possible, and then drive it and experience its value for yourself.
PSA Group's continuing slump in China is offset by its acquisition of Opel and a boost from European rivals' emissions problem
Peugeot is trying to prove that style will still matter with a show car that resembles the classic 504 Coupe from 1969.
Tehran filed a suit against US President Donald Trump's decision to reimpose economic sanctions at the Hague-based International Court of Justice last month.
PSA is benefiting from runaway sales of its Peugeot 3008 and 5008 SUVs enhanced by years of cost savings under Chief Executive Carlos Tavares.
Naza and French carmaker PSA will also establish a shared manufacturing hub in Gurun, that can produce 50,000 vehicles.
Najib Razak says French carmaker made a bid to buy a stake in the Malaysian national car last month.