Indian automotive market has thrived within the latest previous. Collectively, India has surpassed Japan in gross sales at occasions to grace the place of world’s third-largest automotive market. With potential in gross sales, India races on with producers carving out a bit of this sizeable market. That mentioned, invitation appears to be open for previous darlings too.
Fiat India had its glory days. And then not a lot. Lack of newness may have resulted in a much less worthwhile scenario. Now, Stellantis is reportedly contemplating a comeback for Fiat India.
Fiat Electric – Charged Prospects into India’s EV section?
Needless to say, Stellantis is eager on firmly establishing Citroen and Jeep manufacturers in India. Citroen C3 Aircross and its electrical model eC3 Aircross are within the pipeline. These will lay a basis for the French model in compact SUV house with the individuality of a Third-row seating possibility.
Jeep Compass and Meridian want a nudge to push gross sales to supply highest stage of competitiveness. Right now, SUV choices from rival manufacturers appeal to far more volumes.
Amidst all these, there could possibly be wiggle room for re-introduction of Fiat model. Just final month, compact SUV section bought over 41K automobiles with 60% YoY progress and 16% MoM progress. These are promising figures for automakers to guess on. Of course, so much depends upon whether or not Fiat India if reintroduced goes to electrical automobile means, or the compact UV means.
Globally, Fiat has outsold remainder of Stellantis manufacturers within the 1st half of 2023 and exhibits nice potential. electrical Fiat 500 turned one among top-selling A-segment hatchbacks and is being thought of for an Australian launch. Fiat India struggled earlier than. Despite that, the model enjoys nice recall amongst Indian lovers.
Stellantis’ Dual Play: Fiat’s Rebirth; Alfa Romeo’s Potential Debut?
Compact SUV house is presently the preferred in India and strikes an excellent stability between value and profitability. This is a profitable alternative for carmakers to carve out a bit of this pie. And Jeep and Citroen are each positioned strategically on this progress market. So, the place would Fiat India slot in?
Along with Fiat, Alfa Romeo is into consideration too. These may very properly be CBU automobiles that cater to a way more premium finish of the value spectrum. We may in all probability solely get Quadrifoglio efficiency variations of each Giulia sedan and Stelvio SUV.
Source