Peugeot’s new 508 is here and you can have the GT or the GT.

All-new 508 is available in Fastback and Sportswagon body styles, both in GT trim — priced from $53,990 and $55,990 respectively.

Both are powered by an all-new, high-output version of Peugeot’s proven 1.6-litre turbocharged, four-cylinder petrol engine, with 165kW of power and 300Nm of torque.

It’s the same engine as in the recently introduced 308 GT and is paired with an all-new Aisin 8-speed auto.

Combined with a relatively light weight, the 508 accelerates from standstill to 100km/h in 8.1 seconds, or 8.2 seconds for Sportwagon.

Fuel consumption is a claimed 6.3L/100km.

Managing Director of Peugeot Australia, Ben Farlow, said the Peugeot 508 is all-new not just in design but also in its thinking, engineering and intent.

“The Peugeot 508 arrives at a time when the sedan segment is ripe for a shake-up,” he said.

“Not only is the 508 outstanding value, it’s great to look at, great to drive and it stands out in its class.”

Compared to its predecessor, the new 508 is lighter, lower and shorter, yet offers greater interior space, more technology, a significantly more powerful engine and vastly improved fuel economy — not to mention a bolder look.

Optional equipment is limited to an opening panoramic sunroof ($2500) and a choice of six metallic and two pearlescent paint colours ($590 and $1050 respectively). Hurricane Grey is a no-cost option.

All-new Peugeot 508 comes with Peugeot’s 5-year, unlimited kilometre warranty, five-year roadside assistance and five-year Service Price Promise program.

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Riley

Chris Riley has been a journalist for almost 40 years. He has spent half of his career as a writer, editor and production editor in newspapers, the rest of the time driving and writing about cars both in print and online. His love affair with cars began as a teenager with the purchase of an old VW Beetle, followed by another Beetle and a string of other cars on which he has wasted too much time and money. A self-confessed geek, he’s not afraid to ask the hard questions - at the risk of sounding silly.