Fiat plans to develop small car for India
Fiat said that it plans to develop a small car, specifically for the Indian market, although it has deferred the launch of its super hatchback Bravo in India.
New Delhi: Italian auto maker Fiat said on Wednesday that it plans to develop a small car, specifically for the Indian market, although it has deferred the launch of its super hatchback Bravo in India.
"Fiat plans to develop a small car for the Indian market in Italy with the help of an Indian team. It will be launched
here with our joint venture partner Tata Motors with about 80-85 per localisation," Fiat India President and CEO Rajeev Kapoor told reporters at the 10th Auto Expo.
He, however, did not specify the time of completion of the development of the car.
The company has also put on backburner its plans to launch Bravo in India, he said. "Looking at the availability of a number of various cars in India, we have decided to postpone the launch of Bravo. We will keep evaluating the launch time for India," Kapoor added.
Bravo was originally scheduled to be launched in the beginning of last year.
Fiat India also expects to double its sales volume in calendar 2010 at 46,000 units against 23,000 units sold last
It is also starting exports of its sedan Linea and hatchbacks Grande Punto and Palio Stile to Nepal and Sri Lanka
The company unveiled various versions of Linea, 500 and Punto here.