Member access

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

FIAT SPA (FIA)

131
End-of-day quote. End-of-day quote Italian Stock Exchange - 10/13
7.025 EUR   +1.22%
4h agoDJFord Shifts Canada Engine Plans to Mexico--Update
6h ago Fiat Chrysler's targets seen at risk as North America still pressured
6h agoDJFord Shifts Canada Engine Plans to Mexico
SummaryChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Fiat And Tata Group To Re-Align Indian Joint Venture

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

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

Latest news on FIAT SPA
4h agoDJFord Shifts Canada Engine Plans to Mexico--Update
6h ago Fiat Chrysler's targets seen at risk as North America still pressured
6h agoDJFord Shifts Canada Engine Plans to Mexico
1d ago U.S. PROSECUTORS PROBE TAKATA CORP O : Wsj
2d ago U.S. prosecutors probe Takata Corp over statements- WSJ
3d agoDJLuxembourg Tax Deals Under Pressure -2-
3d agoDJLuxembourg Tax Deals Under Pressure
3d ago U.S. regulator expands warning over Takata air bags, more lawsuits filed
3d ago U.S. regulator expands warning over Takata air bags, more lawsuits filed
4d ago Toyota recalls 247,000 vehicles in U.S. over Takata air bags
Advertisement
Chart
Duration : Period :
Fiat SpA Technical Analysis Chart | FIA | IT0001976403 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF