Now World’s Cheapest Car from Fiat
Posted on September 8th 2008Welcome back!
Fiat’s CEO, Mr. Sergia Marchionne, declared that the Fiat plans to launch world’s cheapest car in an Indian market by 2010. At 48th Annual SIAM conference, Mr. Sergia Marchionne said about the company’s intention to bring the cheapest car of the world in India by 2010, but he didn’t unveil the cost details of the car.
The company is also looking for some Chinese industries for possible tie-ups and joint ventures along with those in country.
In Indian market, Fiat is looking at the possible JV with the Tata Motors to provide engines to newly attained Land Rover & Jaguar brands that are set to make their attack in India. According Mr. Sergia, the company has approached the Tata Motors with the plan for the same.
It is one of the available options that we have. We have made that clear and told them we will discuss this issue if asked.
- He added.
By editor in Auto India News, Fiat
Rahul responded on 21 Oct 2008 at 1:26 am #
Like other car manufacturers even Fiat is all set to launch cheapest cars in the Indian car market by 2010. This might offer a good competition to the Tata’s Nano.
Rahul,
Indian Car Advisor
Deepak Kashyap responded on 16 Jan 2009 at 3:21 am #
Making cheapest car could well make profits for the manufacterers but what about the safety of the users?
After nano if fiat is also looking for the Indian marjet to launch the cheap cars then who will care about the enviornment, road safety, traffic snarls and above all the trafic conjestion.
I think these manufacteres should rather bring some good ideas on how to upgrade our existing public tramsport system.