Fiat’s plans big for Indian market
Fiat is fixing a target of 130000 cars by the period reaching 2014, which is likely to include the new B-segment car(coming out in 2102), two models of Grande Punto [images] and Linea (C segment). The move is to hike the share of Fiat to 5% by 2014 at 2.6 million cars and utility vehicles. In the meantime there will be a modification in Linea [images] in 2013 costing Rs4 lakhs, to be the key driver of the future auto industry in India. Fiat is in association with Tata Motors for acquiring facility usage in Ranjangaon. By making use of this facility, Fiat is likely to come out with 60000 cars by the end of 2010-11.