UPDATE: The RM72,888 OTR with insurance price quoted here is an estimate pending approval. We will update you on the confirmed pricing when it’s out.

We’re reporting live from Putrajaya, where ex-PM Tun Dr Mahathir has just unwrapped the Peugeot 207 moments ago. Officially, they’re calling the car just 207 without the ‘Sedan’ in the name, although this isn’t the same car as the B-segment 207 supermini sold in Europe, but a booted version of the 206 with the marque’s family feline face. Assembled at Naza’s Gurun plant, the 207 is estimated to be priced at RM72,888 OTR including insurance.

Powered by a DOHC 16-valve 1.6-litre engine with 110 bhp and 147 Nm of torque produced from 4,000 rpm, the 207 uses a 4-speed automatic gearbox with Tiptronic. This isn’t the 1.6-litre Prince engine in found in the 308, but the figures are a big upgrade from the 206 Bestari’s 75 bhp/120 Nm. An approximate top speed of 180 km/h is possible, according to the official brochure. Claimed fuel consumption is 6.1 litres per 100 km.

Size wise, the 207 measures 4,235 mm long, 1,699 mm wide and 1,447 mm tall. To give you an idea on where these figures stand, a Toyota Vios is 65 mm longer than the Peugeot, equally as wide at 1.7 metres but sits 13 mm lower. The 207’s 2,443 mm wheelbase is unchanged from the 206 hatchback and is shorter than the Vios’. That big boot holds up to 420 litres of cargo and the rear seats split fold 60:40.

The suspension consists of MacPherson struts up front and a torsion beam at the rear, while the brakes are ventilated discs in front coupled with rear drums. ABS, EBD and Emergency Brake Assist are standard along with dual front airbags (passenger’s airbag can be deactivated). Those with young children will be happy to find two ISOFIX points in the rear seats. The wheels are 15-inch items wrapped with 185/60 Kumho tyres.

Equipment wise, this entry level Peugeot comes with things like automatic air con, auto headlights and wipers, MP3 stereo with Bluetooth, USB and AUX input, trip computer, leather steering and an “instrument panel made by luxury watchmaker Jaeger”. That’s quite a lot of kit for the price.

True to Peugeot’s promise of making Malaysia its regional right-hand drive manufacturing hub, the 207 will be exported to Thailand, Indonesia, Brunei and Sri Lanka. Domestically, Nasim aims to sell 5,000 to 6,000 units of the 207 next year.

We’ve driven the 207 already! Read the review and view the gallery here. Live gallery after the jump.

[zenphotopress number=999 album=1662]