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Fiat aims to sale 50,000 units in next fiscal

Car maker Fiat India is targeting sales of 50,000 units in the next financial year apart from planning a few variants of both its model — Grande Punto and Linea within the next two years. - Audi August sales jump 69% - Maruti Suzuki sales surge 42% in August - Toyota targets 150 dealerships in India by 2010 - Hyundai to invest $40 mn for setting up R&D centre - Toyota in talks with vendors to reduce investment on mini car - Fiat India may consider price hike "We hope to sell 50,000 units in 2010-11. We are also planning a few variants of the Grande Punto and Linea," Fiat India President and CEO Rajeev Kapoor told PTI on the sidelines of ACMA annual conference. Sales of the company"s small car Grande Punto, launched a couple of months back, is picking up, Kapoor said. "We are currently selling 1,800 units of Grande Punto every month and hope this number will reach 2,000 by Diwali," Kapoor said, adding "more variants of Punto and Linea are lined up in the next one to two years." He, however, declined to give the specifics of the variants, the company plans to launch. Linea is currently selling around 1,000 units every month.Asked about phasing out its hatchback Palio Stile, the company"s bread and butter model once, Kapoor said, decision in this regard would be taken after two years.

12 month loan commented:

This is a high target which Fiat is expecting for the next fiscal. 50,500 units is really a very big figure.

25.11.2011

12 month loan commented:

This is a high target which Fiat is expecting for the next fiscal. 50,500 units is really a very big figure.

25.11.2011

short term loans for bad credit commented:

Best of luck to fiat for its target, but you can\'t acheive by mere making it. There is very tough competions in the market.

25.01.2012

htc sensation xe deals commented:

The fiat company\'s existing capacity of 6.5 million units is enough for this fiscal and part of next fiscal...

26.01.2012

htc sensation xe deals commented:

The fiat company\'s existing capacity of 6.5 million units is enough for this fiscal and part of next fiscal...

26.01.2012

htc sensation xl deals commented:

Fiat has reported that it aims to double the sales of Fiat-branded cars in the next fiscal close to 50000 units including exports.

28.01.2012


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