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Fiat search for third partner before Chrysler public offering
With Chrysler initial public offering just around the corner, Fiat SpA is scouting around for a third partner to form an alliance. Mr. Sergio Marchionne, Chief Executive Officer of Fiat has confirmed this when he spoke to media at the Detroit Auto Show. With most likely partner slated to be Peugeot it will be an union that dates back a few decades when Peugeot has produced some small vans and parts...
Separate Fiat Showrooms to be inaugurated India by 2012
Fiat, which has a joint venture with Tata Motors are planning to introduce separate showrooms for the Fiat brand of cars by mid 2012. Speaking on the occasion, Mr. Rajeev Kapoor, President and Chief Executive Officer of Fiat India said that separate showrooms for Fiat within the existing dealerships will be launched sometime next year.
The company has already initiated talks with their existing dealers...
Tata-Fiat put a stop to losses
The much ailing Tata-Fiat joint venture has considerably bought down losses thanks to the cost cutting measure and improved engine exports, but they still maintained a low car production.
The aggressive cost cutting measure was adopted for the cars, engines, and transmission making Ranjangaon facility near Pune. This effort and aggressive measure is an effort for the JV to be made successful.
Financial...
Fiat Punto Evo to be launched in India
Fiat India is all set to bring into the Indian markets an upgraded version of Punto with the launch of Punto Evo. When the Punto Grande was launched back in 2009, it had taken the entire country by storm with its awesome designing and people were keen on making one their own. But, gradually the sales have seemed to have taken a dip and Fiat bringing in this upgrade seems to be an attempt to get back...

