[RX135]

But I wonder, what made you drop your plan of selling your car ASAP

[deepakhon]

I just took one long look at my car and took a drive on b'lore roads. That changed my decision. I aint going to sell my buddy who has served me faithfully for two years.

This changing of plans of selling my vehicle is not new to me anyways. I have a Yam YBX which I was using in Chennai before coming to B'lore. I spent quite a lot of money to bring the bike to B'lore, change its registration from TN to KA, just because the bike was bought from my first salary and I am very attached to it. I had earlier thought of selling the bike in Chennai. I therefore bought a Kinetic Honda in Bangalore (everyone except me wanted me to buy this bike and I had to accede to their wishes). Last month, I thought I will sell the Kinetic Honda, but at the last moment, I changed my mind. Till now, I haven't successfully sold anything that I have bought .

[RX135]

Originally Posted by deepakhon

Till now, I haven't successfully sold anything that I have bought .

Neither could I manage that. Everytime I try to sell something, it ends up being a donation I tried it for my books, cycle, moped, computer. (currently resisting pressure for potential buyers about my RX.)

[aseem]

This thread makes u feel.... how much longer till a 90 year old lives. Its all a matter of time... 1 year, 2 year, 3 years... but eventually he/she has too go. Same is true for Fiat!

[BunnyPunia]

it is closin down..soon... the ranjangaon plant isnt being used. it is jus lyin there useless

[trinadha]

watch out for maruti and tata i dont think they would let fiat india out of their hands.
palio could be a good replacement for a indica also if punto is launched then it could survive by itself

[trinadha]

what is fiats website i found its page but its giving an error doesnt fiat india have the cash to maintain its website also

[GTO]

palio could be a good replacement for a indica

Tata has too much self - respect to use someone else hand-me-down. Especially after having learnt how to make value-driven cars successfully in the last decade.

doesnt fiat india have the cash to maintain its website also

I dont know about the cash, but they surely have NO motivation, intellect or inclination to do things right anymore.

Met with the Shaman Ford / Fiat guys this morning and they showed me how they are using the Fiat showroom space to stock other brands of cars - all used. His words "Atleast that way we will have more movement on the shop floor"

When FIAT does shut down in India, remember where you read about it first.

GTO

[hasopi]

Originally Posted by GTO

When FIAT does shut down in India, remember where you read about it first.

GTO

I called up Sundaram motors, bangalore, they also told me that FIAT is shifting its factory to Ranjangaon.

In an overnight, a plant cant become functional...their target is by Nov end.

Yes.as of now FIAT India is in SHUT DOWN state...but temporarily..

[GTO]

Though I appreciate the optimism, all we can do is wait and watch. I wouldnt give too much importance to dealership information which will be obviously biased.

GTO

[RX135]

What happened to that CNBC show? Did anyone watch it?

[tsk1979]

I did, but the question did not come in. Maybe it did as i missed the first few minutes. The end part was compilation of best car chase scenes in movies, i guess they copy from TBHP
As for fiats future, this has become a very very speculative thread, but common sense tells us nothing much is going to happen. A heavily loss making company cannot really focus on new products. The primary focus of their leadership(I doubt they have any) is to survive. And they will survive i am sure. Look at Enron, their leadership and management survived right, it was the workers who suffered.
As for new cars for india as reported by ACI, i doubt it will get them out. Few people will by a 70bhp diesel Palio at 6.2Lakhs(Price quoted by ACI).
And meanwhile fiat lovers here snap and shout at people who think Fiat will shut down, I would like to tell you what is the fiat management doing.
For starters, the Fiat Heir, known as a big playboy is battling for life after a drug overdose. Luckily he will survive. http://seattlepi.nwsource.com/nation...Fiat_Heir.html
The Fiat PR department is trying hard to convince the press that it wont have any negative effect on fiat. Well it did cause their shares to tumble.
But not alls bleak fellas. fiat Punto has crossed the 500000mark. Its a life saver, and 10 more models like this will have fiat coming up again, but the problem is that they dont have 10 more models like this.
But then Fiat may stay on, get bought by GM et al., but in near future i do not see resale values of fiat cars jumping. when a company sells less that 300 cars a month its a problem. When that low selling car is actually one of the best cars in the market(Believe me Palio is one of the best, drive one and see) it is a bigger problem. So to come back fiat as to sell something much better than palio at a lower cost, which does not seem happening.
The only saving grace right now for india is the Tata Alliance. The details of the deal are very murky, but if tata takes of service and spares and maybe even sales of Palio, it will bounce back, but by doing that Tata will be killing the indi-petrols. wonder why would they do that?
to people who want to buy Palio/Petra.
Buy it because its a good car. do not buy it if you want to sell after 3-4 years, you may not get even 50% of price. Do not buy it if you want peace of mind. Before you jump on me and say that Fiats cars dont give trouble and reliable, I am not saying they do. all i am saying is that you may be stuck under 5 feet of water with ECU and electricals toasted with engine high on water, and considering even large monthly volume cars have spare part problems, think what would happen with yours.

[k_ajay]

good reasoning, tsk... People who intend to buy Fiat cars should wait and consider the big picture.....

[typeOnegative]

I am loving it ... My gut feel is that loss or no loss, they will have to stick it out in India because a pull out of India will do their reputation more harm than an overdose. Regarding buying Fiat, well, be cautious till further news comes out.

[Steeroid]

Originally Posted by k_ajay

good reasoning, tsk... People who intend to buy Fiat cars should wait and consider the big picture.....

To give credit to the man on the street, people in the market place HAVE considered the big pictures...that is why the company sells less than 200 vehicles in a month. The noise about the company on this forum is disproportionate to its presence in the market, therefore I dont think we need to worry unnecessarily about the 'common man'.