Fiat takes control of all Tata commercial activities
Fiat SpA and Tata Motors have redefined their joint venture in India, by transferring all related commercial activities to the Italians. Before the two parties signed a new agreement, Tata was in possession of the distributional and commercial operations. The process will gradually take place, according to an official press release by the Turin based manufacturer. A new Fiat SpA owned company will take care of all Indian operations. Fiat and Tata have formed a JV in 2006 and since then they’ve build around 190,000 vehicles and 337,000 engines for the domestic and international market. The Fiat-Tata partnership currently consists of 178 dealers, located in 129 cities across the country. The production of 1.3 MultiJet engines for Maruti Suzuki in India, the largest domestic customer, is the clearest signal Fiat is working hard on international expansion. Earlier on this year improvements were made for the Indian market, that also sees some technical changes in the current fleet.