A number of auto companies in the country have hiked car prices following the announcement of Budget 2010-11 last week, which increased the excise duty on all non-oil products from 8 percent to 10 percent. The excise duty on bigger cars, which stood at 20 percent earlier, has also gone up to 22 percent. The companies that have announced definitive Read More...

• Email This
• Filed Under: Chevrolet, Fiat, Ford, Honda, Hyundai, Mahindra, Maruti Suzuki, Tata

Italian car company Fiat is taking inputs from its partner in India, Tata Motors, to develop its new small car, scheduled for launch in 2012. Fiat India President and CEO, Mr Rajeev Kapoor, told mediapersons that the company is taking customer feedback from the Tatas, who are its front-end partners in distribution. This will help the Italian Read More...

• Email This
• Filed Under: Fiat

Italian car company Fiat showcased six new variants of its existing models at the 2010 India Auto Expo this week. These are Fiat 500 by Diesel, Linea Dualogic Transmission, Linea T-Jet, Grande Punto Natural Power, Grande Punto Sports and Grande Punto Trendz. The company’s showstopper at the show is the Fiat 500 by diesel (the denim brand), Read More...

• Email This
• Filed Under: Fiat

Passenger vehicle sales in India continued to grow at double-digit rates in December 2009 on the back of government stimulus, easy car loans and a spate of attractive offers by car companies. Maruti Suzuki’s passenger car sales were up from 52,029 units in December 2008 to 71,000 units in December 2009 – an increase of 36.5 per cent. Tata Motors Read More...

• Email This
• Filed Under: Fiat, Honda, Hyundai, Mahindra, Maruti Suzuki, Tata

Fiat India is planning to increase the prices of the Linea and the Grande Punto by up to 2.5 per cent, starting from January 1, 2010. The company said in a press release that the prices of the two cars will be hiked by an average of Rs 15,000, and may go up by Rs 25,000 for some versions. The prices of the Fiat Palio Stile will remain the same. Mr Read More...

• Email This
• Filed Under: Fiat

Indian car service provider Carnation Auto tied up with the Fiat Group’s Magneti Marelli last week, to service premium cars. Carnation Auto Chairman and Managing Director, Mr Jagdish Khattar, told mediapersons that the company had so far dealt with only entry-level cars, and that with this new venture, it would also start servicing premium cars Read More...

• Email This
• Filed Under: Fiat, Tata

Tata Motors and Mahindra and Mahindra are reportedly in talks with Italian car company Fiat to take over its manufacturing facility in Termini Imerese, Italy. The Imerese plant manufactures a three-door hatchback, the Lancia Ypsilon, and has a daily production capacity of 400 units. Fiat’s Chief Executive, Mr Sergio Marchionne, had said last week Read More...

• Email This
• Filed Under: Fiat, Mahindra, Tata

Fiat India is expecting to end the current calendar year with a sales figure of approximately 23,000 units. The company has sold 20,000 units in the year so far. Fiat India CEO, Mr Rajeev Kapoor, told mediapersons that the company is hoping to double its sales next year, to almost 50,000 units. By 2011, it expects its sales to touch 70,000 units. Read More...

• Email This
• Filed Under: Fiat

Passenger car sales in India rose significantly in November 2009, on the back of a low-base effect and festival discounts. Car sales had plummeted by 19.3 per cent in November 2008, compared to sales in the same month in 2007. Maruti Suzuki posted a 61.6 per cent growth in domestic sales, up from 47,103 units in November 2008, to 76,106 units Read More...

• Email This
• Filed Under: Chevrolet, Fiat, Honda, Hyundai, Maruti Suzuki, Skoda, Tata

Italian carmaker Fiat’s first small-car to be built specifically for the Indian market is off the drawing board, and will reach the road-testing stage within an year. The car has been designed at Fiat’s design studio in Turin. Its 700-1,000cc engine is already being tested on Indian roads, and will be adapted to the country’s driving conditions to Read More...

• Email This
• Filed Under: Fiat

Fiat India is planning to hike the price of its high-end hatchback, the Grande Punto, sometime soon. Launched in June 2009, the car currently costs Rs 3.99 lakh for the 1.2 litre petrol variant and Rs 4.66 lakh for the 1.3 litre diesel variant (ex-showroom Delhi). After the price hike, it will be costlier by Rs 10,000-12,000 across variants. A Read More...

• Email This
• Filed Under: Fiat

Festival discounts and new car launches continued to provide an upward thrust to auto sales in October 2009. Market leader Maruti Suzuki saw a 21 per cent increase in domestic sales, and a whopping 158.5 per cent increase in exports. The company sold a total of 71,551 units in India in October 2009, compared to 59,127 units in October 2008. Read More...

• Email This
• Filed Under: Audi, Chevrolet, Fiat, Honda, Hyundai, Mahindra, Mahindra Renault, Maruti Suzuki, Skoda, Tata

Italian automaker Fiat is considering the option of manufacturing Light Commercial Vehicles (LCVs) in India. The Fiat Group’s Chief Operating Officer, Mr Silvirio Bonfiglioli, told media-persons that the company had sufficient capacity in India to build light commercial vehicles, and that there was a possibility that it would enter this segment. Read More...

• Email This
• Filed Under: Fiat

The joint venture between Fiat India and Tata Motors, Fiat India Automobiles Limited (FIAL) may soon launch a number of Chrysler models in India. The first of these is likely to be the iconic Jeep Cherokee, which will be followed by other vehicles. Fiat had acquired a 20 per cent stake in Chrysler earlier this year, after the latter filed for Read More...

• Email This
• Filed Under: Fiat, Tata

Fiat India will soon be launching a new version of its oldest existing hatchback in the country, the Fiat Palio. The 1.1 litre and 1.6 litre petrol engines of the car will either be upgraded to meet Bharat Stage IV emission norms, or be replaced by the engines that power the Grande Punto. Its 1.3 litre diesel engine already meets the BS IV norms. Read More...

• Email This
• Filed Under: Fiat

Auto sales in India continued to rise in September 2009, on the back of low interest rates on auto loans, the revival of the economy and the beginning of the festival season. Several auto companies in the country are hoping to maintain the upward surge in the coming months. Maruti Suzuki, the biggest passenger car company in India, sold a total of Read More...

• Email This
• Filed Under: Chevrolet, Fiat, Honda, Hyundai, Mahindra, Mahindra Renault, Maruti Suzuki, Skoda, Tata

Fiat India Automobile is planning to source a far greater number of auto components from Indian ancillaries by the year 2010. The company wants to increase component outsourcing from India by 70 per cent, to approximately $1 billion. The announcement was made by the CEO of Fiat Group Purchasing, Mr Gianni Coda, at the 49th national conference of Read More...

• Email This
• Filed Under: Fiat

Several auto companies in India reported a double-digit increase in car sales in August 2009. Maruti Suzuki’s domestic passenger car sales went up from 53,351 units in August 2008 to 69,629 units in August 2009 – an increase of 30.5 per cent. The company’s total sales (exports included) grew by 41.6 per cent. Honda Siel Cars India (HSCI) recorded Read More...

• Email This
• Filed Under: Audi, Fiat, Honda, Maruti Suzuki, Tata

Fiat India Automobiles Limited (FIAL), a joint venture between the Fiat group and Tata Motors, has managed to secure Rs 2,500 crore worth of funds from a consortium of Indian and international banks. The funds will be used for manufacturing powertrain and Fiat and Tata branded cars at FIAL's manufacturing plant in Ranjangaon, Pune. The syndicated Read More...

• Email This
• Filed Under: Fiat

Tata Motors is looking to sell its mini car, the Tata Nano, not only in European markets but also in several other countries in the Americas, Africa and Southeast Asia. The company’s tie-up with Italian car maker Fiat may benefit it immensely when it markets the Nano in Europe and developing Latin American countries like Brazil, Venezuela, Read More...

• Email This
• Filed Under: Fiat, Tata

Fiat India Automobiles Limited (FIAL) has succeeded in raising a Rs 2,448 crore loan through Citigroup India. FIAL, which is a joint venture between Fiat Group Automobiles and Tata Motors Limited, had expressed a desire to invest Rs 2,341 crore in its Ranjangaon plant in Pune, to expand the facility. The company wants to scale up its production Read More...

• Email This
• Filed Under: Fiat

Passenger car sales in India continued to show a positive growth in June, 2009. Market leader Maruti Suzuki grew by 10.17 per cent, having sold 61,583 units in June 2009, as against 55,899 units in June 2008. Hyundai Motors’ sales went up from 21,881 units to 23,016 units in the same period. Tata Motors’ sales too increased marginally, from 17,017 Read More...

• Email This
• Filed Under: Fiat, Honda, Hyundai, Maruti Suzuki, Tata

Fiat India Automobiles Limited (FIAL) launched its premium compact car, the Grande Punto, this week. The Grande Punto, priced between Rs.3.99 lakh to Rs.6.11 lakh, is available in both petrol and diesel variants. It has the Maruti Suzuki Ritz, the Hyundai i20, the Skoda Fabia and the Honda Jazz as competitors. Launched in Europe in the year 2005, Read More...

• Email This
• Filed Under: Fiat

Growth in domestic passenger car sales in May 2009 varied significantly for different auto companies in India. While Maruti Suzuki’s domestic sales grew by 10.35 per cent in May 2009 compared to sales in May 2008, Fiat India saw a whopping 160.5 per cent growth in the same period, thanks to the popularity of the Linea. Honda Siel Cars India (HSCI) Read More...

• Email This
• Filed Under: Fiat, Honda, Hyundai, Maruti Suzuki, Tata

Fiat India Automobiles Limited (FIAL) will be launching its new hatchback, the Grande Punto, on the 17th of June, 2009. The car will roll out from Fiat’s manufacturing facility in Ranjangaon, Maharashtra and will be placed in the premium compact segment. It will be launched with both petrol and diesel variants and will have the Hyundai i20, the Read More...

• Email This
• Filed Under: Fiat