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Fiat India to Increase Export Volumes

By Motortrend India Staff   |   20 July,2010

Fiat India has said that the company is planning to export its cars in the South Asian Association for Regional Cooperation (SAARC) countries to increase its export volumes.

“We are looking to export our cars Palio, Linea and Punto in SAARC countries including Nepal, Bhutan, Sri Lanka and Bangladesh as these are right hand driving countries," Fiat India’s Marketing Head Tarun Khanna said. Fiat India has exported more than 2,000 units to South Africa, including 1,100 units of Punto, 360 units of Linea and 650 units of Palio. "We began exporting last year. So far we have exported only to South Africa”, he said.

Khanna told that the company was planning to launch the high powered version of Linea and CNG Punto, after launching two variants of Grand Punto this year. He declined to reveal any time frame of these launches though. Fiat India, a joint venture between Fiat and Tata Motors, is aiming to sell 40,000 units this year.

“Last year, we sold 24,000 units and in this fiscal, we are looking to sell 40,000 units, which will be powered by new variants”, he said.

Fiat India is currently selling 2,500 units per month, out of which 1,500 units are of Punto. The company has a manufacturing facility with an annual production capacity of 2 lakh cars and 3 lakh engines at Ranjangaon in Pune.

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