Fiat to unveil a small car in India by 2012

Article by Christian A., on August 26, 2010

Despite the fact that about 75% of all cars sold in India are small cars, Fiat S.p.A. believes that there still is a lot of space in the segment and so plans to unveil a small car there by 2012.

At the Delhi auto show, Rajeev Kapoor, president and chief executive of Fiat India Automobiles, said that the company will definitely exploit that opportunity.

Moreover, Volkswagen AG will be launching a sedan version of its Polo subcompact in India this year. Renault SA seeks to offer a full range of models from minicars to luxury cars in Indian within the next 2 years.

Just last Tuesday, Toyota Motor Corp. unveiled its new car for emerging markets at the New Delhi Show. The low-cost Etios compact car is set to go on sale in markets such as India, Russia and Latin America in order to tap the fast-growing Indian market dominated by Maruti Suzuki and Hyundai Motor Co.

Kapoor also said that the small car will be developed overseas and it will be positioned below the Palio compact and Grande Punto subcompact it already sells in India.

Fiat aims to launch three variants of its existing models this year and a car that can use multiple fuels.

With these new models, Kapoor said that he expects its India sales will double in 2010 from 23,000 units sold in 2009. The Indian unit has a target to export 10% of its total sales in 2010 to countries such as South Africa, Sri Lanka, Nepal and Bhutan.

If you liked the article, share on:

Topics: fiat, india, small car

Comments

Recommended

Earlier in November at the 2017 SEMA Show in Vegas is when Hennessey unwrapped the Venom F5 to all of us. But it was actually first introduced as a concept...
by - November 22, 2017
Mercedes-Benz just made an announcement that the 2018 E Class Cabriolet has finally landed in the United States. If you had not known, the E Class will be positioned in...
by - November 22, 2017
After a somewhat successful fray into the automotive market in China, the resurrected German automobile brand Borgward is finally heading to Europe, bringing along with it the Borgward BX7 sports...
by - November 22, 2017
Automotive industry veteran Bob Lutz has once again spoken out against Tesla. Known as one of Tesla Motors’ greatest skeptics, Lutz had stated two years ago that the Silicon Valley...
by - November 22, 2017
Dubai is one of the few countries where expensive cars are the norm, many of which are specially modified as well. And this just in: Bentley has debuted the new...
by - November 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries