Now World’s Cheapest Car from Fiat
Posted on September 8th 2008If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
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 (Carazoo.com)