This article needs to be updated.(October 2012)
|Founded||2 January 1997|
|Headquarters||Pune, Maharashtra, India|
|Sergio Marchionne, CEO|
|Parent||Fiat Chrysler Automobiles|
FCA India Automobiles Private Limited (FCAIPL) formerly known as Fiat Group Automobiles India Private Limited was formed in the year 2012 as a fully owned direct subsidiary of FCA Spa Italy. The new company was established for production of cars and engine under the brand Fiat, Abarth and Jeep. It is the ninth largest Indian car manufacturer by sales in India.
Fiat brand in India was earlier represented through a Joint Venture company called Fiat India Automobiles Pvt Ltd., FIAPL (Name changed to Fiat India Automobiles Ltd., FIAL later) founded in the year 1997 with Fiat S.p.A and Tata Motors as the two partners coming together to produce cars for both brands in a plant set up through joint investments at Ranjangaon, in Pune district of Maharashtra. The board of directors for this company comprises five nominees each from Fiat and Tata. Another key interest area for the Tata-Fiat JV is the production of the 1.3 Multijet engine and corresponding powertrains common to a number of both the Tata & Fiat brand cars in India like Fiat Palio, Fiat Grande Punto, Fiat Linea, Fiat Aventura, Fiat Urban Cross, Tata Vista and Tata Manza.
Even today the Tata Fiat JV plant operates under the FIAL name, as an independent entity and it produces Fiat & Tata brand cars for FCAIPL (Fiat India NSC) & Tata Motors respectively. The company presently employs about 2600 employees. It also undertakes contract manufacturing of engines for Maruti Suzuki India Ltd & Premier Automobiles. Premier Automobiles uses this engine for their compact SUV Premier Rio and the Suzuki cars that used Fiat 1.3 Multijet engines in Indian market include - Ritz, Swift, Swift DZire, SX4 & Ciaz, S-Cross, Vitara Brezza, Baleno.
FIat has a manufacturing plant at Ranjangaon, Maharashtra, which has an installed capacity to produce 135,000 cars and engines, besides aggregates and components. The company plans to double the production capacity for both car units and engines in the next few years. The car plant manufactures both Fiat and Tata cars, the latest additions in 2014 are the Fiat Linea facelift, Fiat Punto Evo, Tata Zest and Fiat Avventura. Engine manufacturing at Ranjangaon plant was the 1.2 litre Fire petrol, the 1.4 litre Fire naturally aspired and T-Jet turbocharged version and the small 1.3 litre Multijet diesel. In 2017 FCA planned to start production of the right hand drive version of the new Jeep Compass launched on 31 July 2017 starting at 15 Lakhs.
FIAT sold 24000 vehicles in 2009 and registered an increase of 241% compared to the previous year sales which stood at 6,897 vehicles. It plans to sell 130,000 cars annually in India by 2014.
Manage research, learning and skills at defaultLogic. Create an account using LinkedIn or facebook to manage and organize your Digital Marketing and Technology knowledge. defaultLogic works like a shopping cart for information -- helping you to save, discuss and share.Visit defaultLogic's partner sites below: