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FCA India Automobiles

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Fiat India Automobiles Limited
Company typeJoint Venture
IndustryAutomotive
Founded2 January 1997
HeadquartersPune, Maharashtra
Key people
Mr. Rajeev Kapoor, CEO
Products
Parent
Websitewww.fiat-india.com

Fiat India Automobiles Limited is a 50-50 JV between Fiat Group Automobiles S.p.A. of Italy and Tata Motors of India. It is the ninth largest car maker in India by sales.

History

Fiat India Automobiles Limited was originally incorporated on 2 January 1997. The company presently employs about 2600 employees and is located at Ranjangaon in the Pune District of Maharashtra. The definitive agreement of the Joint Venture between Fiat and Tata was signed on 19 October 2007. The board of directors for this company comprises five nominees each from Fiat and Tata.[1] Earlier, Fiat used to sell the 1100, 124 and Uno in India which was manufactured by Premier Automobiles Limited.

Manufacturing facilities

FIAT has a manufacturing plant at Ranjangaon, Maharashtra, which has an installed capacity to produce 100,000 cars and 200,000 engines, besides aggregates and components. The company plans to double the production capacity for both car units and engines in the next few years.

Models

Fiat Linea
Fiat Grande Punto

Current

Fiat currently sells three models in India. The Fiat Nuova 500 is fully imported as a CBU from Turin, Italy.

Manufactured locally

  1. Fiat Linea (Launched 2009)
  2. Fiat Grande Punto (Launched 2009)

Imported

Fiat Nuova 500
  1. Fiat Nuova 500 (Launched 2008)

Discontinued

  1. Fiat Uno (1997–2001)
  2. Fiat Siena (2000–2003)
  3. Fiat Palio (2001–2010)

Sales and service network

FIAL currently has 175 dealerships in 130 cities across India. It uses the Tata Motors sales and service network which is third largest after Maruti Suzuki and Hyundai. All Fiat cars in India are sold and serviced by Tata Motors.

Sales performance

FIAT sold 23,551 vehicles in 2009[2] and registered an increase of 241% compared to the previous year sales which stood at 6,897 vehicles. It plans to sell 130,000 cars annually in India by 2014.[3][4]

See also

References

  1. ^ "Fiat India". Fiat India. Retrieved 2010-08-02.
  2. ^ NULL. "Fiat India automobiles sales growth of 78% in Feb 2010". Moneycontrol.com. Retrieved 2010-08-02.
  3. ^ bsmotoring.com (2010-03-16). "Fiat eyes to double sales this year". Bsmotoring.com. Retrieved 2010-08-02.
  4. ^ "Fiat targets sales of 130,000 cars". The Hindu Business Line. 2010-04-23. Retrieved 2010-08-02.
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