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Fiat could sell Tata Nano in Europe

Fiat could sell Tata Nano in Europe

Viknesh Vijayenthiran July 24th, 2008 Viknesh Vijayenthiran By Viknesh Vijayenthiran Author July 24th, 2008
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December 31st, 1969 Tata Motors and Fiat are already tied up over a number of projects including manufacturing low cost engines and the sharing of engineering teams, but the partnership could soon expand even further with Tata boss Ratan Tata considering using Fiat to sell its Nano minicar (pictured) outside of India. The Nano will only cost $2,500 to manufacture and is set to start production in October at a plant in Singur, India. Ratan Tata told reporters from Automotive News that Tata has "held talks" with Fiat and that the Indian company is "open to considering a partnership" in terms of selling the Nano through Fiat’s dealer network. However, he also stated that there are no concrete plans to go ahead with this. The two companies are also expected to resume talks on a joint venture to manufacture, sell and distribute trucks through both Tata and Fiat's truck division Iveco. These talks were interrupted by Tata's acquisition of Jaguar and Land Rover, but with the completion of the deal between Ford and Tata the talks can now be resumed.
Fiat could sell Tata Nano in Europe

Fiat could sell Tata Nano in Europe

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Tata Motors and Fiat are already tied up over a number of projects including manufacturing low cost engines and the sharing of engineering teams, but the partnership could soon expand even further with Tata boss Ratan Tata considering using Fiat to sell its Nano minicar (pictured) outside of India. The Nano will only cost $2,500 to manufacture and is set to start production in October at a plant in Singur, India.

Ratan Tata told reporters from Automotive News that Tata has "held talks" with Fiat and that the Indian company is "open to considering a partnership" in terms of selling the Nano through Fiat’s dealer network. However, he also stated that there are no concrete plans to go ahead with this.

The two companies are also expected to resume talks on a joint venture to manufacture, sell and distribute trucks through both Tata and Fiat's truck division Iveco. These talks were interrupted by Tata's acquisition of Jaguar and Land Rover, but with the completion of the deal between Ford and Tata the talks can now be resumed.

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Posted in: Fiat, News


Comments (3 total)

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  1. By Andrey #1, Posted: 7/25/2008

    dunno what to say, the Nano is great for emerging markets but in most of Europe the markets are already matured and posess the financial power to buy more expensive cars

  2. By Sorin #2, Posted: 7/25/2008

    It’s a great car for the crowded city, but the safety it’s 0 and it’s one of the ugliest car I have ever seen.

  3. By Carlos #3, Posted: 7/28/2008

    Honey the Prius shrunk in the dryer

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