Tata Motors' paint job may go to Fiat

113752 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.

Post your opinion here

 

0

Tweet

Share on Tumblr

RELATED NEWS Fire at paint shop of Pune car plant Driving out Tata Motors How to play frontline auto stocks now? ALSO READ See latest News about Tata Motors See previous management interviews See what other Experts & Brokerages are saying about Tata Motors Tata Motors BSE | NSE 13/02/12 Are Mutual Funds betting on Tata Motors?

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 keen to a a disruption in its production scheduleespecially during the festive season.

Company sources told Business Line that Fiat's Kurla paint shop was likely to take up the job of painting Tata Motors cars even as it had simultaneously pressed the paint shop of its commercial vehicle business unit (CVBU) into 24X7 operation.

A Tata spokesperson when contacted maintained that the car plant's paint shop would begin production over the course of the next week but declined to give a specific date. "We have mobilised the two paint shops of the CVBU to minimise the impact on production but it will still take some time for us to ramp up to full volumes," the spokesperson said.

Replying specifically to a query if Tata Motors is approaching Fiat to outsource painting of its cars to its Kurla facilities, the spokesperson said, "While some of our pick-ups are usually painted by Fiat at Kurla, what we might do is increase the volumes of pick-ups that go there to tide over the situation so that capacities are released at our Pune plant."

Contd on pg 2