Jul

23

Tata open to Fiat selling Nano

Filed Under Automobiles | Posted By Jennifer Sullivan | Leave a Comment

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Ratan Tata said that Tata Motors Ltd is open to Italy’s Fiat Spa helping to sell the ultra-cheap Nano model overseas.

Tata, India’s third-biggest car maker, plans to launch the Nano later this year, priced at about USD 2,500.

He said, “We have held talks about the Nano being marketed in markets where Fiat has already a strong presence. I am open to consider a partnership,”

Fiat has a joint venture with Tata to manufacture and distribute cars, engines and commercial vehicles.

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