"Yes, we are facing stiff competition. There is a possibility of us falling short of our sales target of 46,000 units set for this year," Fiat India's president and CEO Rajeev Kapoor told said in Mumbai.
It is now looking at new strategies to boost the sales of its two premium cars -- Punto and Linea. "We have adopted some new strategies to boost our sales and are hopeful of success in the coming days," Kapoor said.
"Fiat plans to develop a small car for the Indian market in Italy with the help of an Indian team. It will be launched here with our joint venture partner, Tata Motors, with about 80-85 per localisation," Kapoor had said
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