Fiat India Automobiles

FCA India Automobiles Private Limited
Subsidiary
Industry Automotive
Founded 2 January 1997 (1997-01-02)
Headquarters Pune, Maharashtra, India
Key people
 Sergio Marchionne, CEO
Products
Parent Fiat Chrysler Automobiles
Website www.fiat-india.com

FCA India Automobiles Private Limited (FCAIPL) formerly known as Fiat Group Automobiles India Private Limited was formed in the year 2012 as a fully owned direct subsidiary of FCA Spa Italy. The new company was established for production of cars and engine under the brand Fiat, Abarth and Jeep. It is the ninth largest Indian car manufacturer by sales in India.

History

Fiat brand in India was earlier represented through a Joint Venture company called Fiat India Automobiles Pvt Ltd., FIAPL (Name changed to Fiat India Automobiles Ltd., FIAL later) founded in the year 1997 with Fiat S.p.A and Tata Motors as the two partners coming together to produce cars for both brands in a plant set up through joint investments at Ranjangaon, in Pune district of Maharashtra. The board of directors for this company comprises five nominees each from Fiat and Tata.[1] Another key interest area for the Tata-Fiat JV is the production of the 1.3 Multijet engine and corresponding powertrains common to a number of both the Tata & Fiat brand cars in India like Fiat Palio, Fiat Grande Punto, Fiat Linea, Fiat Aventura, Fiat Urban Cross, Tata Vista and Tata Manza.[2][3]

Even today the Tata Fiat JV plant operates under the FIAL name, as an independent entity and it produces Fiat & Tata brand cars for FCAIPL (Fiat India NSC) & Tata Motors respectively. The company presently employs about 2600 employees. It also undertakes contract manufacturing of engines for Maruti Suzuki India Ltd & Premier Automobiles. Premier Automobiles uses this engine for their compact SUV Premier Rio and the Suzuki cars that used Fiat 1.3 Multijet engines in Indian market include – Ritz, Swift, Swift DZire, SX4 & Ciaz, S-Cross, Vitara Brezza, Baleno.

Prior to this, Fiat used to sell the 1100, 124 and Uno in India, manufactured under licence by Premier Automobiles Limited.

Manufacturing facilities

FIat has a manufacturing plant at Ranjangaon, Maharashtra, which has an installed capacity to produce 135,000 cars and engines, besides aggregates and components. The company plans to double the production capacity for both car units and engines in the next few years. The car plant manufactures both Fiat and Tata cars, the latest additions in 2014 are the Fiat Linea facelift, Fiat Punto Evo, Tata Zest and Fiat Avventura. Engine manufacturing at Ranjangaon plant was the 1.2 litre Fire petrol, the 1.4 litre Fire naturally aspired and T-Jet turbocharged version and the small 1.3 litre Multijet diesel. In 2017 FCA planned to start production of the right hand drive version of the new Jeep Compass launched on 31 July 2017 starting at 15 Lakhs.[4]

Models

Fiat Linea 1.4 T-jet in India
Fiat Grande Punto

Current

Discontinued

Sales performance

FIAT sold 24000 vehicles in 2009[5] and registered an increase of 241% compared to the previous year sales which stood at 6,897 vehicles. It plans to sell 130,000 cars annually in India by 2014.[6][7]

See also

References

  1. ↑ "Fiat India". Fiat India. Retrieved 2010-08-02.
  2. ↑ http://economictimes.indiatimes.com/industry/auto/news/passenger-vehicle/uv/maruti-to-source-1-6-litre-diesel-fiat-engine-for-s-cross-developing-own-1-5-litre-engine/articleshow/47611088.cms. Missing or empty |title= (help)
  3. ↑ http://www.livemint.com/Companies/vQNIluEPZECxpsLAj2Oz2J/Fiat-to-power-Premier8217s-Rio.html. Missing or empty |title= (help)
  4. ↑
  5. ↑ NULL. "Fiat India automobiles sales growth of 78% in Feb 2010". Moneycontrol.com. Retrieved 2010-08-02.
  6. ↑ bsmotoring.com (2010-03-16). "Fiat eyes to double sales this year". Bsmotoring.com. Retrieved 2010-08-02.
  7. ↑ "Fiat targets sales of 130,000 cars". The Hindu Business Line. 2010-04-23. Retrieved 2010-08-02.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.