Fiat planning to launch new models

Fiat India is planning to launch more cars from the ranjangaon plant situated by Pune. This plant of the company is a joint venture between the Tata Motors and the Fiat Motors. And the expected ratio of the joint venture is 50:50, moreover according to the Chief Executive officer of the company Fiat group is planning to launch two cars in the list of hatchback cars them being Bravo and GrandePunto. Both these cars are expected to come this same year. It has come to the notice that Fiat is planning to launch the Linea sedan in Kolkata with their sales figure rising to 24,000 units during the whole year. Moreover the export targets of the company are more than 3,000 units. Fiat Linea is already been launched in Turkey and Brazil and the rumours are such that the car will soon come with its manufacturing units in China and Russia. Fiat was been able to keep the price of the vehicle less because of percent localisation which being 50%. But the company officials also believes that the localisation may go up by 80 percent. Some other models of Fiat India are Fiat Palio and Fiat 500.