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Old 24th September 2005, 00:03   #1
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Unhappy Fiat Auto to shutdown Indian subsidiary


Here's the latest on Fiat from CNBC. Fiat Auto is likely to shutdown Indian subsidiary. An announcement is likely to be made in the next week. More details are awaited...
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Old 24th September 2005, 00:17   #2
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Damn that's bad news but the most logical decision for FIAT after signing MOU with TATA otherwise they will be threading each others feet. They most probably will sell the plants to TATA.

More details plz..
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Old 24th September 2005, 00:56   #3
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Was there any news on the proposed tie up with the Hinduja group? I wonder what happens to my Palio now...
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Old 24th September 2005, 09:26   #4
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i think if it happens so then it will be like a Fiat-Tata JV where tata will produce fiat cars.

in short it will not be a wholly owned subsidairy of Fiat,italy.
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Old 24th September 2005, 10:05   #5
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Please don't start a new thread ever time FIAT blows its nose so to say! Search for one of the many existing threads and post over there.

Topic locked.
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