Fiat India launches diesel version of Palio Stile

Tue. March 11, 2008; Posted: 10:15 PM

Mumbai, Mar 11, 2008 (Asia Pulse Data Source via COMTEX) -- TTM | news | PowerRating | PR Charts -- Fiat India Automobile, the 50:50 industrial joint venture between the Fiat Group and Tata Motors, today launched the diesel variant of its Palio Stile here.

The vehicle is available in two petrol versions - 1.1-litre and 1.6-litre.

"The launch of the Palio Stile multijet version is the first in the line of many exciting launches lined up by Fiat this year," Fiat India CEO Rajeev Kapoor told reporters here.

Fiat's multijet engine is being produced under licence by other manufacturers and it has proved its mettle in the cars launched both internationally and within the country, he said.

The company is currently selling 350 units of its petrol version. With the launch of its diesel version today, the company is targeting sales of 1,000 units this year, Kapoor said.

For full details on Tata Motors Ltd Ads (TTM) click here. Tata Motors Ltd Ads (TTM) has Short Term PowerRatings of 5. Details on Tata Motors Ltd Ads (TTM) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.