Fiat India has
announced the appointment of the Asian Institute of
Communication and Research (Aicar) as its marketing advisor
in India.
Aicar, as part of the agreement, will be responsible to
evolve marketing strategies with the company, design and
execute market research, shape the brand genetics to enhance
overall brand positioning to motivate existing sales force
to push up sales.
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The Fiat Palio range
continues to for the backbone of Fiat India's sales
strategy, with the 'world car' family member's
retail price recently reduced to
boost its competitiveness |
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Earlier this summer
Fiat India introduced the Fiat Adventure Sport - a
'lifestyle' vehicle targeted at the younger car
buyer |
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With this appointment, Fiat India hopes to adopt a more
holistic approach to the Indian car market by integrating
its product strategies with market realities so as to meet
diverse consumer needs effectively and become a strong
player in the Indian passenger car market.
Commenting on the association, Fiat India managing director
Paolo Castagna states, "Fiat in India has recognized that it
is imperative to understand the complexity of the Indian car
market and streamline our marketing processes accordingly in
order to make Fiat the most preferred choice. Aicar is one
of the best marketing institutes in the country producing
some of the best marketing talent that the industry has
today. With renewed commitment towards the Indian market,
appointing Aicar as our marketing advisors is an important
step towards comprehending the intricacies of the fast
changing lifestyles of Indian consumers and adapting the
insights to become a strong player in this market."
Commenting on
the association, Aicar business school chairman and managing
trustee Walter Saldanha says,"We strongly believe that the
integration of corporates with the educational world is a
unique combination through which we will offer senior
strategic planning minds and our students' strength to help
the company understand the market better and thereby plan
more effectively." The agreement between Fiat and Aicar is
for three years.
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