Fiat India plans to launch nine models and expand its sales and service network in the next three years as it wants to significantly enhance its market share.
“India is a very important market for us and we plan to launch nine models which would be a combination of refreshed and new models in the next three years,” said Fiat Chrysler India Operations President and Managing Director Nagesh Basavanhalli
“Out of the nine products, four will be from Fiat while another four from Chrysler and one model from Abarth marquee will be launched,” added Nagesh.Explaining more Nagesh said that the company would like to tap growth in the SUV segment apart from premium hatchback and mid sized sedans segment.
When asked abou the market share the company is eyeing, he said, “We have less than one per cent currently , which we plan to double each year for the next three years.”
The company is also expanding its dealership network so as to cope up with increased demand. “Currently, we have 70 exclusive dealers across India. This number will go up to 100 by the end of this year,” Basavanahalli said.