In a bid to revive their fortunes, FIAT is trying their tooth and nail to find a way out of it and make a cut at the customers. In a latest move from the company, both TATA Motors and FIAT would realign their joint venture in India.
TATA FIAT
TATA Fiat JV Renewed, 20 More Exclusive Fiat Caffe Planned
As per Economic Times (August 15 and September6, 2011), and Business Standard (September 7, 2011), both Fiat and Tata Motors CEOs revealed on their statements that they’re having a ‘revisit’ at their 50:50 joint venture partnerships to see if it could be made more realistic, admitting that the contractual relationship suffered nearly 15% drop in … Read more