“We will source auto parts worth a minimum of 250 million euro from India by 2010,” Fiat Group Purchasing SRL CEO Gianni Coda told reporters here today. More
Courtesy: www.indiacar.net
Archive for the 'Fiat India' Category
Fiat plans to source auto parts worth 250 mn euro by 2010
Published May 8th, 2008 in Fiat India. 0 CommentsCar makers set to scorch motown with new launches
Published May 3rd, 2008 in Fiat India, HM/Mitsubishi, Honda India, Hyundai Motors, Launches, Tata Motors, Volkswagen, volvo and Maruti Suzuki. 0 CommentsWhile at the more modest-end of the spectrum, a slew of domestic and international carmakers are waiting to unleash a few surprises. Auto firms such as, Fiat, Volvo, Hyundai, Maruti Suzuki, Volkswagen, Tata Motors, Honda Siel and Mitsubishi Motors are all in queue to yank the covers off their gleaming beauties. Read more
Courtesy: economictimes.indiatimes.com
Fiat signs agreement to buy Zastava car plant in Serbia
Published April 30th, 2008 in Fiat India. 0 CommentsIn Serbia, Economics Minister Mladjan Dinkic said the deal envisages an investment by Fiat of up to euro700 million (US $1 billion) in the plant for the production of 200,000 cars over the next several years. More
Courtesy: economictimes.indiatimes.com
Fiat may roll out cheaper Palio in BRIC countries
Published April 10th, 2008 in Fiat India. 0 CommentsCourtesy: indiacar.net
Tata Motors-Fiat JV to invest Rs 2,341 cr in Pune facility
Published March 25th, 2008 in Fiat India and Tata Motors. 0 CommentsFIAT India Automobiles (FIAPL), a 50:50 joint venture between Fiat Group Automobiles SpA and Tata Motors, has rolled out plans for expanding production capacity and backward integration at its Ranjangaon facility in Pune district.
FIAPL on Monday signed an MoU with the Maharashtra government for an additional investment of Rs 2,341 crore under the expansion plan.
This takes the total investment by FIAPL at the Ranjangaon plant to Rs 4,020 crore. With this, the total committed investments that the state has fetched in the past two years comes to Rs 1,19,000 crore in 95 mega projects, chief minister Vilasrao Deshmukh told media persons at the MoU-signing ceremony. Read more
Courtesy: www.indiacar.net
Fiat, Tata Motors JV to raise investment to $1 bn
Published March 24th, 2008 in Fiat India and Tata Motors. 0 CommentsThe Indian joint venture of Italy’s Fiat and India’s Tata Motors will increase its total investment to 40.4 billion rupees ($1 bn) to expand a unit in Western India, an official from the state government of Maharashtra said on Monday. More
Courtesy: economictimes.indiatimes.com
Fiat India Automobiles Pvt Ltd has announced a reduction in the prices of its flagship model Palio Stile 1.1L. The prices of SL, SLE and SLX versions of Palio Stile have been reduced by around Rs 12,000 . ?We welcome this move by the Finance Minister and have decided to pass on the benefit to our customers. Read more
Courtesy: www.indiacar.net
Fiat is looking at the prospect of launching its premium car brand Ferrari in India, said Mr Davide Kluzer, head of press office for Ferrari. ?In three to five years? time Ferrari will come to India. We are carefully looking at the Indian market. We feel anxious to be here,? Mr Kluzer said.
He was speaking at a press conference in connection with the flag-off of the 74-day Ferrari Magic India Discovery drive at Mumbai on Monday. Two Ferrari 612 Scagliettis, one Fiat Bravo, one Fiat 500, one specially fitted Iveco truck, and five Tata Motors? vehicles will feature in the India tour covering 13,000 km and 57 cities. Read more
Courtesy: www.indiacar.net
Fiat India Automobiles (FIAL) is set to launch Palio Stile on March 11, which will come with a 1.3-litre multi-jet diesel engine.
?We expect the number of Palios to grow once we launch the diesel variant with the trademark Fiat engine,? said FIAL CEO Rajeev Kapoor to reporters after flagging off the Bravo and Fiat 500, which will accompany two Ferraris on the Magic India Discovery drive, starting from Mumbai on Monday.
Read more
Courtesy: www.indiacar.net
Premium small cars like Fiat 500, Volkswagen’s New Beetle & BMW’s Mini prepare to drive in India
Published February 20th, 2008 in Fiat India, Volkswagen and BMW. 0 CommentsFor India, this is the year of the small car, with the launch later this year of the world’s cheapest car, Tata Motors’ Nano, priced at just over Rs 1 lakh. This small car will have company at the premium end, too, with European majors bringing in their premium small cars, starting with the Fiat 500. It will be joined later this year by Volkswagen’s New Beetle, and even perhaps by the BMW-owned marquee Mini. The New Beetle and Mini are expected to carry price tags of around Rs 20 lakh. More
Courtesy: economictimes.indiatimes.com
