Member access

4-Traders Homepage  >  Shares  >  Italian Stock Exchange  >  Fiat SpA    F   IT0001976403

FIAT SPA (F)

131
Real-time Quote. Real-time Tradegate - 10/02 02:24:22 am
7.43 EUR   -0.20%
1d ago Canadian vehicle sales drive toward record year
1d ago U.S. SEPTEMBER AUTO SALES RISE 9.4 P : Autodata Corp
1d ago Torrid U.S. car sales pace slowed in September
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Fiat And Tata Group To Re-Align Indian Joint Venture

05/02/2012 | 06:59am US/Eastern
Recommend:
0

Fiat SpA (FIATY) and Tata Motors Ltd. (TTM) have agreed to revamp an alliance in India, a move that will lead to the Italian auto maker handling the distribution and servicing of its cars in the South Asian country.

The two companies will, however, continue with their equally owned joint venture to manufacture the Fiat and Tata brands of cars as well as their engines and transmissions at a factory at Rajangaon in western India, they said in a joint statement.

Tata Motors is currently managing the distribution of Fiat's products in India.

"As part of the growth plans and in order to provide greater focus on the Fiat brand, Tata Motors will hand over the distribution and service responsibility for Fiat cars in India to a Fiat Group-owned company being formed for this purpose," according to the statement.

-By Santanu Choudhury, Dow Jones Newswires; +91-11-4356-3305; santanu.choudhury@dowjones.com

Recommend :
0
React to this article
Latest news on FIAT SPA
1d ago FIAT : An Italian masterpiece
1d ago Canadian vehicle sales drive toward record year
1d ago U.S. SEPTEMBER AUTO SALES RISE 9.4 P : Autodata Corp
1d ago Torrid U.S. car sales pace slowed in September
1d ago FIAT : Chrysler Canada sales in September up 20 per cent from a year ago
1d ago GM, Chrysler lead a strong US industry in September thanks to deals on pickup..
1d ago FIAT : September 2014 Chrysler Group LLC sales in USA
1d ago September U.S. car sales show industry's torrid pace slowing
1d ago Chrysler reports U.S. auto sales jump 19 percent
1d ago In foreign hands, British automakers overtake France
Advertisement
Chart
Duration : Period :
Fiat SpA Technical Analysis Chart | F | IT0001976403 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF