Identifying your location...

Are you from Mumbai?

YesNo

Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Fiat aims to produce two lakh engines in 18 months

Venkat Desirazu, Oct 31 2012.
Fiat aims to produce two lakh engines in 18 months

Fiat has launched an ambitious plan to build over two lakh engine in the in the next 12 to 18 months.  According to the reports the move will help the Italian automaker cut losses with regard to its joint venture with Tata. 

The company will supply 100,000 diesel engines to Maruti Suzuki (they have a contract with MSIL to provide 1 lakh units per annum for next three years), export another 50,000 in addition to producing mills for itself and Tata.  Fiat is also expected to manufacture 14,000 of its cars and around 40,000 Tata models at its Ranjangaon plant. 

The price of the engine is one-fifth to one-sixth of the total cost of the overall car. If Fiat sells five times more engines that the number of cars, they will to makeup a sizeable chunk of their income from the sale of mills. 

The move to produce a large number of engines is expected to help Fiat break even at the end of the period. It hopes to have higher volumes and demand once it launches its own showrooms and supply chains next year. Fiat produces the Multijet engine which powers diesel variants of the Swift, Dzire, Ritz, Ertiga, Vista, Indigo Manza, Punto and the Linea.

 

 

Tags:Fiat,Fiat Linea,Fiat Punto,Tata Indigo Manza,Maruti Suzuki Ritz,Maruti Suzuki Swift,Tata Vista,Maruti Suzuki Ertiga,Maruti Suzuki Dzire,Multijet engine
Show CommentsHide Comments
Ad

Popular Videos

Fiat Abarth 595 Competizione First Drive

The Fiat Hot Hatch is finally here and we were ...

450 Likes
58521 Views

Fiat Punto Abarth First Impressions

Fiat Punto Abarth First Impressions

...

1298 Likes
213291 Views
  • Upcoming Cars

Maruti Suzuki New DzireMaruti Suzuki New Dzire

16 May 2017

 5.70L - 8.50L
Maruti Suzuki New SwiftMaruti Suzuki New Swift

September 2017

 4.50L - 7.50L
Chevrolet Beat FaceliftChevrolet Beat Facelift

July 2017

 4.30L - 6.40L
Tata NexonTata Nexon

July 2017

 6.50L - 9L
Chevrolet EssentiaChevrolet Essentia

August 2017

 4.50L - 7L
All Upcoming Cars
Ask the experts1800 2090 230(8 AM - 9 PM)Toll free

Select your city to avail offers

Currently available only in