Automaker Fiat India on Monday said it has tied up with NIS Sparta, a leading consulting and training organisation in customer relationship management, the latest in a series of steps taken to enhance customer service.
Fiat India on Thursday said it would resume production at its plant at Kurla, Mumbai after suffering heavy damages during the monsoon floods.\n
Fiat 500 has sold only 68 units in two years, since its launch in July 2008.
Car-maker Fiat India is to launch the much awaited diesel version of its Palio car after the announcement of Budget in March while it has temporarily kept on hold the multi-purpose van Doblo.
Car-maker Fiat India is to launch the much awaited diesel version of its Palio after the announcement of Budget in March while it has temporarily kept "on hold" the multi-purpose van Doblo.
Leading property developers have made offers for this prime property, which real estate industry sources suggest could fetch Fiat more than Rs 300 crore (Rs 3 billion).
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.
Fiat India on Monday said its manufacturing operations at Kurla were severely affected due to inclement weather conditions and floods in Maharashtra.
The Tata-Fiat joint venture is looking at catering to the global demand for engines through its Ranjangaon plant.
Fiat India Automobiles targets to export 3,000-3,200 Lineas to South Africa in the next 12 months and would start exporting Grande Punto to that country as well. Palio is already being exported.
Fiat India Automobiles Ltd, a 50-50 JV between Fiat Group Automobiles and Tata Motors Ltd, has sold 10,000 units of its sedan, Linea, since its launch in January this year.
Fiat is riding the New 500 wave across Europe since its July 2007
Fiat India Ltd is to streamline its operations and rework its brand strategy at the premium end to reaffirm its presence in India.
Italian car maker Fiat has started work on its small car for India.
Fiat India Automobiles, a joint venture between Tata Motors and Fiat Group, on Monday said it would invest Rs 2,341 crore (Rs 23.41 billion) to expand its facility in Ranjangaon plant in Pune.Fiat plans to ramp up its operations to produce up to two lakh cars, three lakh engines and three lakh automotive parts and accessories.
Fiat India on Friday said that it would roll out a petrol variant of the Palio next month as part of the efforts to improve its market share in the competitive compact car segment.
Paolo Castagna who took over as the managing director of Fiat India in March this year, is trying to revive its fortunes.
From April 1, 2010, 13 cities will switch to Euro IV. Earlier, industry experts said that the Euro IV emission norms, to be effective from April 2010, would force an upward revision of prices as carmakers were making significant investments to upgrade vehicle engines to make them Euro IV compliant.
Widespread use of crypto assets, including stablecoins, can have a negative impact on the macroeconomic and financial stability of a country, the Reserve Bank of India (RBI) said on Monday. In its Financial Stability Report (FSR), the banking regulator highlighted that excessive use of crypto assets can reduce effectiveness of monetary policy, worsen fiscal risks, circumvent capital flow management measures, divert resources available for financing the real economy and threaten global financial stability.
Car maker Fiat India has sold its property in Kurla (Mumbai suburb) to IKG Associates for Rs 608 crore (Rs 6.08 billion). IKG is an affiliate of the financial services company IL&FS. The Italian car maker had received bids for the 53 acre plot from leading developers over the past few months.
Despite the romance around the car and its early models, Fiat in India will also be remembered as a brand that frittered away the first mover advantage, says Shally Seth Mohile.
Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.
Fiat may launch small car, no plans for luxury cars
While the slowdown in the domestic economy and a ban on mining has sharply impacted the demand for medium and heavy commercial vehicles, sales of LCVs rose 15.61 per cent to 378,509 units between April and December, driven by need for products for last mile transportation.
The new crossover and fully imported models of the Jeep brand will increase Fiat's product line-up that has shrunk to just two at present
Auto major Fiat Chrysler Automobiles (FCA) on Wednesday said it will invest $150 million (around Rs 1,103 crore) to set up a global digital hub in Hyderabad to help the group develop new technologies to cater to its automotive operations across the globe. The facility, which is FCA's largest digital hub outside of North America, would create nearly 1,000 jobs by the end of next year.
As part of the product expansion, the company will launch a sporty racy version called Punto Abarth in the third quarter of this year and launch Fiat-Chrysler's Jeep Wrangler and the Grand Cherokee in the fourth quarter.
The luxury SUVs will compete against models of Mercedes-Benz, BMW, Audi, Volvo, Porsche and Land Rover
The company unveiled premium sedan Avventura and high-performance Abarth 500
In India, car companies measure wholesale as sales.
At the heart of the problem is Fiat's failure to bring in more models to India -- a fact the Tata Group chairman didn't forget to mention.
Fiat on Friday denied a magazine report, which said it would close a plant in India as part of a sweeping restructuring of the loss-making Italian industrial giant.
The car is priced between Rs 711,000 and 987,000.
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