Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Fiat And Tata Group To Re-Align Indian Joint Venture

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/02/2012 | 12:59pm CEST

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIAT SPA
08:53p EU to hand Apple Irish tax bill of over 1 billion euro, source says
04:46pDJEXOR : Profit Jumps on Fiat Chrysler Results
04:27p FIAT CHRYSLER AUTOMOBILES : pick-up Fullback launched in Oman
04:01p FIAT CHRYSLER AUTOMOBILES NV : Important Deadline Reminder For Fiat Chrysler Aut..
01:26p FIAT CHRYSLER AUTOMOBILES NV (NYSE : FCAU) Announces Offers For Magneti Marelli
01:15p EXOR : first-half profit jumps on PartnerRe inclusion
08/27 FIAT : FCA in support of Italy’s earthquake-hit territories
08/27 FIAT CHRYSLER AUTOMOBILES : FCA's Sterling Stamping wins Wrangler work, more inv..
08/26 FIAT CHRYSLER AUTOMOBILES NV : Lundin Law PC Announces Securities Class Action L..
08/23 INVESTOR NOTICE : Khang & Khang LLP Announces Securities Class Action Lawsuit ag..
More news
Sector news : Automobiles & Multi Utility Vehicles
08:43p TAKATA : Truck carrying Takata air bag inflators explodes in U.S., killing one
04:46pDJEXOR : Profit Jumps on Fiat Chrysler Results
01:15p EXOR : first-half profit jumps on PartnerRe inclusion
08/28DJFORD MOTOR : Feels Pressure of China Rivals' Pursuit
08/27DJVOLKSWAGEN : VW Car Dealers Applaud Settlement -- WSJ
More sector news : Automobiles & Multi Utility Vehicles
Advertisement
Financials (€)
Sales 2016 112 838 M
EBIT 2016 5 392 M
Net income 2016 1 996 M
Debt 2016 6 962 M
Yield 2016 0,26%
P/E ratio 2016 4,34
P/E ratio 2017 3,63
EV / Sales 2016 0,13x
EV / Sales 2017 0,12x
Capitalization 7 922 M
More Financials
Chart FIAT SPA
Duration : Period :
Fiat SpA Technical Analysis Chart | FIA | IT0001976403 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus HOLD
Number of Analysts 28
Average target price 7,76 €
Spread / Average Target 26%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Sergio Marchionne Chief Executive Officer & Executive Director
John Jacob Philip Elkann Chairman
Richard Keith Palmer Chief Financial Officer, COO-Systems & Casting
Harald J. Wester Chief Technology Officer
Andrea Agnelli Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FIAT SPA18.17%8 868
SAIC MOTOR CORPORATION..6.08%37 216
MARUTI SUZUKI INDIA LT..6.41%22 144
BYD COMPANY LIMITED--.--%21 870
GUANGZHOU AUTOMOBILE G..50.87%18 015
CHONGQING CHANGAN AUTO..--.--%10 005
More Results