Fiat on Tuesday launched its compact SUV Avventura in the price ranging between `5.99 lakh to `8.17 lakh (ex-showroom Delhi).
“The Avventura showcases Fiat's commitment to India to produce cars designed for India and manufactured for India,” said Fiat Chrysler Automobiles India Operations President and MD Nagesh Basavanhalli.
“We have already received around 15,000 enquires and 500 pre-launch bookings for the Avventura,” he added, Avventura, which seem to be rugged version of Punto Evo, would be manufactured at the company's Ranjangaon plant in Maharashtra. The product will initially be sold in the domestic market only.
The sub-4 meter vehicle would be available in both petrol and diesel powertrains. The petrol variants powered by a 1.4 litre engine are priced between `5.99 lakh and `7.05 while the diesel variants are priced between `6.89 lakh and `8.17 lakh (all prices ex-showroom Delhi).
The company, which is a wholly owned subsidiary of Fiat Chrysler Automobiles, has been adding new models in its product portfolio this year to rev-up its sales and has set a target of five products by the end of this year and nine by 2016 in its Indian line up.
later this year, the company plans to launch luxury hatchback Abarth 500.Italian-American auto major Fiat Chrysler plans to launch 12 models in India in the next five years and will start producing models from the Jeep brand in the country by 2015.