Re: Fiat Going To Say Goodbye To Tata - Really?
Fiat to end dealership JV with Tata's
Fiat completely exit joint-branded showrooms with Tata Motors as the Italian car major makes a renewed push to revive sales. While it will make the transition in the top 20 cities by 2015, the rest of the joint-branded dealerships will be disbanded thereafter.
Fiat to end dealership JV with Tatas - The Times of India
here's the link to the video:Revised Tata JV gives focus to Fiat distribution >> Watch Video
It says Fiat is going to encourage the existing 40 Tata-Fiat dealers in top 20 cities to open Fiat exclusive outlets by increasing dealer margins to 8.5 % from the existing 5%.
Earlier this year it was told that the existing Tata-Fiat dealerships will not be touched and 20 new Fiat exclusive ones would be opened.
What this video says is that Fiat is now trying to pull out of the existing Tata-Fiat network and establish their own independent distribution network. So thats the news!!
Good Move by FIAT.
Without Fiat Indian companies like Tata, Maruti all will be half dead.