Fiat Linea: 65 per cent localise
Fiat Linea is having 65 per cent local value proposition. The company is planning to achieve 91 per cent localisation by the first quarter of 2010. Mr. Rajeev Kapoor, President & CEO informed that at the start of production the company had achieved 55% localisation. After four months the company was able to increase it by 10 %.
Vikas
Published On Apr 22, 2009 15:15 IST
Published OnApr 22, 2009 15:15 IST
Last Updated OnApr 22, 2009 15:15 IST
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He said that all our plans were falling in place and they were confident of achieving 86% localisation on the Fiat Linea by the end of this calendar year. The main aim to localise production is to save import duty and pass on the saving to the customer. Also on account of the huge local content the availability of spares at competitive prices much below the competition has brought down the cost of ownership of Fiat cars.
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<p>A totally people's person Vikas Yogi ventured into journalism 5 years ago. He started his career as a journalist for an online media agency, where he worked on few of their best online projects. Later on, he was given command of their entire content development division, where he single handedly managed and developed content for various domains ranging from Telecommunications, Electronics, Home Appliances, Fashion, Lifestyle to his favorite 'Automobiles'.</p>
<p>He has spent more than 3 years writing about the automobiles and being a car fanatic, he has got the right blend of enthusiasm and knowledge that is required to keep the readers' spirits up. Known for his wits and puns, Vikas is leading a team of journalists as an expert on automobiles but surely not limited to being one.</p>Read more
