According to the Financial Express (Financial Express) report, Fiat India will supply diesel engines to Maruti Suzuki from January next year. The plan has already been approved by Tata Motors.
Fiat India is a joint venture between Fiat Auto and Tata Motors, each holding 50%. Fiat India's Ranjangaon plant near Pune not only produces engines but also Fiat Punto and Linea models. The plant annually produces 300,000 cars and diesel engines.
In recent years, more and more international auto giants have eyeed India, an emerging market dominated by small cars. For Maruti Suzuki, Toyota's Etios, Liva, Ford's Figo, and Nissan Micra have all become competitive models that have captured the market share of Maruti Suzuki. The rapid growth of South Koreaâ€™s Hyundai worldwide has also spread to India, which has occupied 20% of Indiaâ€™s market share. The purchase of diesel engines from Fiat India will help Maruti Suzuki shorten the Swift, Swift Dzire, SX4 and Ritz. Delivery time for other models.
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