Until recently, the JV, Fiat India Automobile, was languishing with heavy losses.
Fiat India Automobiles Pvt Ltd (FIAPL), the three-year-old joint venture company formed through the association of Tata Motors and Fiat Auto SpA, is facing rough weather, as it posted record losses last year.
Tata Motors on Friday announced its partnership with Italy-based Fiat Auto Spa.
Italian automaker Fiat Auto SpA has an alliance with Ford Motor company to make small cars, a company official said on Friday.
The Indian unit of troubled Italian carmaker Fiat Auto SpA said on Friday it expects its new diesel models launched two months ago to help reverse slowing sales in 2003.
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