99550 Investors following Tata Motors. Share this News with them.
0
Like this story, share it with millions of investors on M3
Tata Motors' paint job may go to Fiat
Auto major Tata Motors has approached carmaker Fiat to outsource its painting job to help it tide over the crisis arising from a fire accident in the paint shop at its Pune works. The company is faced with a pile-up of engines and chassis as vehicle shells await painting.
The company is also working overtime at speeding up work on the new paint shop for its Ace model which it hopes to utilise to get its production of cars back into normalcy.
"Even with the best efforts, the earliest things are going to be near normal is towards the end of the first week of October," sources said.
If the company's move to head to Kurla goes ahead, it will not be part of the joint venture agreement that the two companies signed recently, but will be a one-off outsourcing job, the sources said.
According to sources, of the 760-780 passenger cars/day that is produced at the Pune plant, the CVBU's paint shop is currently handling around 450 despite working round-the-clock.
Tata Motors had announced after the fire broke out on September 21 that is has an inventory stock of a week in place.
The Pune passenger car plant manufactures the Indica, Indigo and Indigo Marina models.
