Fiat India : How much longer before they shut down?

santosh.s · 20th November 2005, 14:58

came to know while going through yesterday's newspaper (times fo india) that fiat-tata alliance to be "inked in a few days"... so watch out for some news update in upcoming week... are they rushing due to the fiesta launch ??

devarshi84 · 22nd November 2005, 04:11

I am against that. Fiat is cash strapped internationally. its hard to shell out money when you are making losses everywhere.

Fiat has been in the News in India with their Grande punto. Fiat says it was early with the palio. But thats why they sold palio in the initial periods. Hope they get grande punto before time too.

Otherwise they wont be able to make it big in India and reverse their profits

RedOne · 22nd November 2005, 10:01

Fiat cash strapped? I read somewhere recently that they were all set to post their first profit in years

??

Gears,
Red-One

caroholic1 · 22nd November 2005, 10:54

Presently they are not producing any cars. I read it in this month's Autocar India.

devarshi84 · 23rd November 2005, 04:39

Fiat SPA is not supposed to be posting any profts yet. Yes they are in the right direction now but they are still making losses.

Maybe they will post profits in the Q-1 2006.

RX135 · 23rd November 2005, 12:13

Devarshi, I remember reading that Fiat SPA did post profit due to good truck market and sharp reduction in Fiat auto losses. They are expecting Fiat Auto to return to profit in Q1 06.

deepakhon · 23rd November 2005, 12:14

Quote:

Originally Posted by RX135

Devarshi, I remember reading that Fiat SPA did post profit due to good truck market and sharp reduction in Fiat auto losses. They are expecting Fiat Auto to return to profit in Q1 06.

I remember having read the same somewhere.

GTO · 23rd November 2005, 12:55

Quote:

I remember reading that Fiat SPA did post profit due to good truck market and sharp reduction in Fiat auto losses.

Also thanks to the big $2 billion payment they got from GM. For NOT wanting a future association with them.

GTO

RX135 · 23rd November 2005, 17:26

Quote:

Originally Posted by GTO

Also thanks to the big $2 billion payment they got from GM. For NOT wanting a future association with them.

Nope. I believe, this was not a factor in Q3 05 operating profits.

devarshi84 · 24th November 2005, 01:33

wait a min guys. you are talking about the future profits which it is bound to make. I am talking about the current fiscal.

BaCkSeAtDrIVeR · 9th February 2009, 22:35

Look before you post. This is an old thread!!!

Those of you who voted and commented here - want to re-read your posts again?

avishar · 9th February 2009, 23:17

its early days yet though for fiats resurgence.they are quite capable of making the same mistakes again.

BaCkSeAtDrIVeR · 10th February 2009, 08:40

Quote:

Originally Posted by avishar

its early days yet though for fiats resurgence.they are quite capable of making the same mistakes again.

Make that ".... quite incapable of correcting themselves..."

hotpursuit · 10th February 2009, 08:58

Quote:

Originally Posted by BaCkSeAtDrIVeR

Make that ".... quite incapable of correcting themselves..."

What ever you say dude, Fiat has posted a sales figure of 1700 Lineas for month of Jan. So they are proving you wrong. I wont say they have reached the pinaccle. For that matter they still have so many things to improve upon.

I feel they have done a major improvement in one thing, Marketing and the result is evident. Even though people still are quite "scared" to buy a fiat, I can see people giving test drives on a regular basis, slowly but surely they are earning the trust of the people. By no means its a bad product, for that matter its a superb product. Its just a question of winning the trust back, which is not difficult but by no means impossible.

BaCkSeAtDrIVeR · 10th February 2009, 10:21

Quote:

Originally Posted by hotpursuit

I can see people giving test drives on a regular basis, slowly but surely they are earning the trust of the people. By no means its a bad product, for that matter its a superb product. Its just a question of winning the trust back, which is not difficult but by no means impossible.

If they do it, well and good. I may buy actually buy a Fiat. I love the products, to looks, the feel, finish, (even the analog ODO on the current hatch). But frankly, am scared.

View Poll Results: When is Fiat India going to shut down?
2005 : They cant survive any longer.	22	9.05%
2006	25	10.29%
2007 or in the whereabouts.	21	8.64%
I dont agree. Fiat India is here to stay - They will pull off a miracle.	175	72.02%
Voters: 243. You may not vote on this poll

20th November 2005, 14:58	#331
santosh.s Senior - BHPian Join Date: Aug 2005 Location: Bangalore Posts: 1,077 Thanked: 70 Times View My Garage	came to know while going through yesterday's newspaper (times fo india) that fiat-tata alliance to be "inked in a few days"... so watch out for some news update in upcoming week... are they rushing due to the fiesta launch ??
	() Thanks

22nd November 2005, 04:11	#332
devarshi84 Senior - BHPian Join Date: Jun 2005 Location: Ahmedabad - Tor Posts: 4,024 Thanked: 211 Times View My Garage	I am against that. Fiat is cash strapped internationally. its hard to shell out money when you are making losses everywhere. Fiat has been in the News in India with their Grande punto. Fiat says it was early with the palio. But thats why they sold palio in the initial periods. Hope they get grande punto before time too. Otherwise they wont be able to make it big in India and reverse their profits
	() Thanks

22nd November 2005, 10:01	#333
RedOne BHPian Join Date: Sep 2004 Location: Bangalore Posts: 338 Thanked: 91 Times View My Garage	Fiat cash strapped? I read somewhere recently that they were all set to post their first profit in years ?? Gears, Red-One
	() Thanks

22nd November 2005, 10:54	#334
caroholic1 BHPian Join Date: Jun 2005 Location: Delhi Posts: 407 Thanked: 31 Times View My Garage	Presently they are not producing any cars. I read it in this month's Autocar India.
	() Thanks

23rd November 2005, 04:39	#335
devarshi84 Senior - BHPian Join Date: Jun 2005 Location: Ahmedabad - Tor Posts: 4,024 Thanked: 211 Times View My Garage	Fiat SPA is not supposed to be posting any profts yet. Yes they are in the right direction now but they are still making losses. Maybe they will post profits in the Q-1 2006.
	() Thanks

23rd November 2005, 12:13	#336
RX135 Senior - BHPian Join Date: Dec 2004 Location: pune Posts: 2,106 Thanked: 75 Times	Devarshi, I remember reading that Fiat SPA did post profit due to good truck market and sharp reduction in Fiat auto losses. They are expecting Fiat Auto to return to profit in Q1 06.
	() Thanks

24th November 2005, 01:33	#340
devarshi84 Senior - BHPian Join Date: Jun 2005 Location: Ahmedabad - Tor Posts: 4,024 Thanked: 211 Times View My Garage	wait a min guys. you are talking about the future profits which it is bound to make. I am talking about the current fiscal.
	() Thanks

9th February 2009, 22:35	#341
BaCkSeAtDrIVeR BANNED Join Date: Jun 2007 Location: Kochi Posts: 2,522 Thanked: 752 Times	Look before you post. This is an old thread!!! Those of you who voted and commented here - want to re-read your posts again? Last edited by BaCkSeAtDrIVeR : 9th February 2009 at 22:37.
	() Thanks

9th February 2009, 23:17	#342
avishar Senior - BHPian Join Date: Oct 2008 Location: kolkata/bangalore,india Posts: 2,901 Thanked: 4,143 Times	its early days yet though for fiats resurgence.they are quite capable of making the same mistakes again.
	() Thanks