Thursday, May 3, 2012

Fiat Breaks Free from Tata's Network in India as the Two Companies Reshape their Local Joint Venture

Fiat Breaks Free from Tata's Network in India as the Two Companies Reshape their Local Joint Venture:
For the past six years, Tata Motors has been managing the distribution and service responsibility of the Fiat branded products in India through joint Tata-Fiat dealerships, but the Italian automaker has now decided to go on its own and take over management control of its commercial and distribution activities in the country.
Established in 2006, the Fiat-Tata joint venture also includes manufacturing activities located in Ranjangaon, which produce Fiat and Tata cars as well as engines and transmissions for both the Indian and export markets and recently announced a contract to supply its Small Diesel Engine to Maruti Suzuki.
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