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Honda Siel Cars India, Volkswagen India, Fiat India Automobiles, BMW India, Ford India, General Motors India, Hindustan Motors, Mahindra & Mahindra, Mercedes-Benz India, Nissan Motor India, Skoda Auto India and Toyota Kirloskar Motor have also been penalised.
Currently, Fiat's product portfolio consists of the hatchback Punto and the sedan Linea. It will be launching a Punto variant, the Avventura and the Abarth 500 during this year, he said. The Linea comes with better ground clearance, which is the longest in the segment and better interiors, Basavanhalli said.
Struggling Fiat India today reiterated its resolve to net 1 per cent of market by year-end and said it is refocusing on the market with aggressive dealership additions and an all-out marketing push.
So as to overcome sluggish sales, Fiat India says that they are looking are various tie-ups to boost sales
Fiat India on Tuesday launched updated versions of its Linea sedan and Punto hatchback, in its efforts to boost sales.
Expanding its overseas presence, car-maker Fiat India today said it will start selling its Linea sedan in Sri Lanka from tomorrow.
Fiat India today said it will no longer sell its cars under the same roof as joint venture partner Tata Motors and will set up its own showrooms in around 20 cities across India in the next one-and-a-half years.
Fiat India has undertaken its first major restructuring drive in India. Two directors have been booted out, while three new members have joined and another three have been given extra responsibilities. CNBC-TV18's Swati Khandelwal Jain reports.
Fiat India is on a restructuring drive. The company is all set to rework its partnership with Tata Motors as it prepares a new business plan for India. This is in light of falling sales performance of the company in the past one year, reports CNBC-TV18's Swati Khandelwal Jain quoting sources.
