Fiat to launch nine models in three years

Fiat Chrysler, on Tuesday, said it would launch nine models in the next three years, and also expand its sales and services network to enhance its market share in India.

“We plan to launch nine models in the next three years. These will be a combination of refreshed as well as new models,” Fiat Chrysler India Operations President and Managing Director Nagesh Basavanhalli told reporters here.

The company would start launching the new products from this year. Besides Fiat, models from other brands such as Chrysler and Abarth would be launched. Mr. Basavanhalli, however, did not give further details.

The company has already announced that the iconic Jeep model from Chrysler stable will be launched in India in the last quarter of this calendar year.

Market share

Commenting on increasing market share, he said: “We have less than one per cent currently (in India), which we plan to double each year for the next three years.”