Tata and Fiat join hands worth INR 3000 Crore
Tata Motors and Fiat are working on setting up a combined muster line for forthcoming SUVs. The manufacture volume of this latest outlet is supposed to be nearly 1 lakh units. The assemblage link is probable to originate in Ranjangaon, Pune at the Fiat unit. The over-all investment for the afore mentioned production unit is INR. 3000 Cr.
Tata Motors and Fiat are working on setting up a combined muster line for forthcoming SUVs. The manufacture volume of this latest outlet is supposed to be nearly 1 lakh units. The assemblage link is probable to originate in Ranjangaon, Pune at the Fiat unit. The over-all investment for the afore mentioned production unit is INR. 3000 Cr.
Although Fiat and Tata have selected distinct conducts for advertising and promoting, of their brand new scheme, however they endure to portion a 50:50 shared project for the built-up. The Ranjangaon facility at present harvests Tata’s compact sedan and its hatchback familial the Zest & the Bolt and Fiat’s quality sedan - the Linea.
Tata Motors would be engineering their imminent SUVs, dubbed as Q501 and Q502 in the new unit. The Q501 and Q502 are 5 and 7 seaters individually and are being established with involvements from Jaguar LandRover. Fiat is predictable to utilize the assemblage line for its Jeep assortment. Jeep’s Compacted SUV might as well be fashioned at this very unit.
Well, as per the news, the ruggedness and the never say dies spirit of Tata along with the powerful fiat engines would surely produce products worthy enough for the market, however this is very early to comment anything on the production and its value in the market.
Our take is a definite thumbs up from our end and we would be bringing back the update on this space for our viewers in order to throw more light on this Tata and Fiat association.Viewers can stay hooked on to this space only at www.autocarbazar.com.