Fiat to launch three more models in December

Tags: Cars
Fiat Group Automobiles India Pvt Ltd (FGAIPL) will launch three more cars in India by December 2014, a top company official said.

Fiat has a line up of products this year and 'Avventura', a contemporary utility vehicle, will be making its global debut in India by December, Nagesh Basavanahalli, President and Managing Director, FIAT Chrysler Automobiles - India Operations, said here.

The company will soon come out with New Punto and Abarth 500, he said adding that Fiat is bullish this year since its dealership and sales and service network is expected to touch 150 by December 2014.

Basavanahalli said the company was expecting a steady growth in India with the introduction of new models.

Though the passenger car sales were down by 5 per cent last year, the company achieved 80 per cent growth by selling 1,500 cars last month, he said, adding that Fiat wanted to grow month by month without setting any target for 2014-15.

Stating that there was no immediate plans for price revision, Basavanahalli said despite having technology, the company has no plans to introduce auto-geared vehicles or electric cars in India in the near future.

Even after snapping its ties with Tata in dealership, he said the joint venture 'TATA-FIAT' for manufacturing new 'Punto' would continue.

The marketing and sales part will be looked after by Fiat, Basavanahalli said.

Fiat Group Automobiles India Private Limited (FGAIPL) is a fully owned subsidiary of Fiat Group Automobiles, Italy.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • It’s another challenging year for a govt that’s missed 20 of 24 targets

    The government has set an ambitious target for money to be raised through sale of public sector company shares.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

BK Chaturvedi

Corruption law calls for correction

In any country, it is its laws against corruption that ...

Kuruvilla Pandikattu SJ

Believers of the world set to rise

The world is set to become more religious as the ...

Gautam Gupta

The changing face of the fashion world

Indian fashion industry, like every fashion industry in the world, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture