Fiat India Automobiles (FIAL), the joint venture of Fiat and Tata Motors, has
despatched the first batch of 100 Lineas from its plant in Ranjangaon near Pune,
reports Sify. The cars, targeted at the premium C-segment, have reached 50 of the 65
dealerships under the Tata Fiat umbrella across the country. This joint
retailing initiative will see cars of both companies under one roof.
More Lineas will be seen in these outlets in the coming days even though its
official launch is in mid-January. This is the time when the price of the car,
tipped to be in the range of Rs 7-9 lakh, will be announced. For the next
fortnight, prospective customers could get an idea of what
the Linea represents. This is clearly part of a brand
building approach intended to pave the way for a faster
booking schedule.
The company has
indicated in the recent past that it is targeting monthly
sales of 2,500 Lineas. In the context of the slowdown, this
may seem a challenging task coupled with the fact that there
are strong competing models in the premium C-segment such as
the SX4, Fiesta and Honda City. Fiat has, however,
reiterated that it is confident that the car will do well.
The Linea will
be available in both petrol and diesel versions. From the
Italian carmaker’s point of view, it is significant because
it is the first manufactured model from the Ranjangaon
facility in contrast to the Cinquecento (Fiat 500), which is
directly imported and costs a handful thanks to the 100 per
cent plus import duty.
The next model
that will be part of the manufacturing agenda is the Grande
Punto sometime in the first quarter of 2009-10. Prior to
this will be the Bravo which, like the Cinquecento, is also
being imported. Fiat has gone on record to state that it is
looking at annual volumes of 70,000 cars in 2010 by which
time its ally, Tata Motors will have clocked 60,000 units.
The company is also targeting production of 300,000 engines
(200,000 diesel and 100,000 petrol) and transmissions in
this timeframe.
Fiat is also seriously looking at Ranjangaon as a strategic global base for small
cars. The plant could also be home to the affordable car, which is now at the
drawing board stage. This car is intended for Europe but will not sport the Fiat
badge.
Report: Sify
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