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Tata plans to widen Fiat model line
Tata Motors is mulling to sell more of Fiat brand vehicles in India along with its other models like Tata, Jaguar and Land Rover. Already these two, that is, Tata and Fiat are running a joint venture called Fiat India Automobiles. This is a 50-50 joint venture between the two. This venture deals in imports, assembling and distributing the Italian automaker's models. Indica and Manza models are the most popular products from the venture.
Published On Aug 13, 2010 05:17 PM By Ritesh
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The local variants of Fiat's Palio, Linea and Grande Punto are also assembled at the Ranjangaon plant in Pune. This plant can manufacture 200,000 cars and 300,000 engines. The plants also stands equipped to build various parts and accessories. Till date, around US$833m has been spent on this plant.
A Tata Motors spokesman said that they would like Fiat to bring more of their products to the company's stable. He further said that they have a strategic alliance in India which could look into any initiative and under that alliance they have set up a JV for manufacturing for both sides' cars - that is operational.
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