Fiat

MoU with Mazda shows Fiat’s commitment to Alfa Romeo: Fiat chief says

MoU with Mazda shows Fiat’s commitment to Alfa Romeo: Fiat chief says

Fiat has claimed that its non-binding Memorandum of Understanding (MoU) with Mazda demonstrates its commitment to Alfa Romeo and the willpower to develop Alfa Romeo into a real global brand.

Alfa Romeo parent company Fiat and Mazda have signed a non-binding MoU for developing and manufacturing a new convertible sports car for the Alfa Romeo brand that will be based on Mazda’s next-generation MX-5.

Fiat unwraps T-Jet version of Linea in India this October

Fiat unwraps T-Jet version of Linea in India this October

Fiat T-jet model of Linea is all set to unwrap itself in October, 2010 in India. Earlier it was scheduled to introduce last month but due to some unavoidable reasons its launch has been postponed to October this year.

As per official spokesperson, the car will be launched in the middle of October with some exclusive features to attract its Indian fans. The car was showcased at Delhi in January 2010. The car is available between the range of 7-8 lakh.

This is the first car in Indian automobile market with 1.4 L petrol engine and turbocharged version which is to be launched by Fiat.

FIAT clocks 28% growth in Q1

FIAT clocks 28% growth in Q1

The Indian arm of the Italian auto major, FIAT has been able to convince the consumers about its successful strategy in regards to its latest entry into the domestic circuit. And the recently released sales figures by the company further enforce the targets as the company has clocked a 28% in the Q1 of the financial year.

It is to be mentioned here that as the cumulative sales (including exports) of the company for the fiscal currently stands at a whopping 6531 vehicles as against 5084 vehicles sold last year, the company has been able to grow by

Fiat's small car to take on Alto

Though, the speculations of the 2012 being the new Uno has been ruling the markets for the past many months now but the Indian subsidiary of the Italian auto major, FIAT has recently confirmed that the company will launch the model in the entry-level hatchback segment.

It is to be mentioned here that the company also confirmed the fact that the much-talked about new small car will not bear any resemblance to the company's Uno and will be placed below the Punto in the Indian market.

FIAT grows by over 80%

FIAT grows by over 80%

The Indian subsidiary of the Italian auto major, FIAT India has recently filed a whopping 80%+ growth for the month of May as compared to the same period last year. According to the recently released sales figures by the company, it sold 2,235 units which is way up as compared to 1,227 vehicles sold in May 2009.

In fact, when one takes note of the total sales in this year till date, the company has sold 4257 vehicles for the fiscal as against 2516 vehicles sold in the same period last year.

Double Sales Expected by Fiat this Year

Double Sales Expected by Fiat this Year

The CEO and President of Fiat India have unveiled the company's prediction of two fold rise in its sales to 50,000 units, which was at 24,000 units last year. CEO said that in order to keep place with the rising number of hatchback segment customers, Fiat expects to double its sales this year by December.

Auto giant Fiat secures Rs 2,500 crore credit

fiatAutomotive major Fiat India Automobiles announced on Monday that the company has set up funds for the total of Rs 2,500 crore from a consortium of domestic and international banks to back the production and operations of vehicles.

The projects include making of Power-train and Tata and Fiat branded cars at its Ranjangaon unit in Pune.

Fiat launches ‘Grande Punto’ for Rs 3.99-6.11 lakh

FiatFiat's much -awaited supermini car 'Grande Punto' has been finally introduced in the Indian market.

Italian car maker (Fiat) has launched its small hatchback in both petrol and diesel variants.

The company authorities stated in a communiqué that the petrol version of this premium small car is equipped with 1.2 Litre and 1.4 Litre engines that pump 65 and 77 horses respectively, whereas the diesel variant has a 1.3 Litre multijet diesel engine.

Ferrari To Hit Indian Roads By Next Year

Italian car major Fiat group is eyeing to launch its premium car brand Ferrari in India, which will soon lighten on the Indian roads by next year (2009).

Ferrari’s entry into the Indian market is mainly aimed at ensuring speed delivery of vehicles to the customers.

Ferrari kicked off its India campaign by launching the 'Magic India Discovery Drive' with elephant as its mascot, to give 50 journalists from across the globe a feel about India.

Fiat Aims 90% Localization Eyeing to Build Own Vendor Base

Auto Maker, Fiat India is now looking to get almost of 90 percent localization in two years through sourcing 1.3-litre multi-jet diesel engine from Maruti Suzuki, which is produced in its Manesar plant under license from Fiat.

The company is also eyeing to build its own vendor base, not for making models but establishing the models to hit the market. The company is expecting to double the sale (current sale of 300 models) of its new variant of Palio with diesel engine, launching on March 11.