Fiat eyes sale of 25,000 units; 1% market share this year

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Italian carmaker Fiat Italian carmaker Fiat
SummaryFiat said that it plans to more than double its market share above the 1 percent mark, as well as sell over 25,000 units this year.

policy movements on the diesel front, which is the Fiat's portfolio's major focus, Atanasio said that diesel is "unstoppable" given its benefits. A few customers will move to petrol, but it is not a concern, since diesel would still comprise more than 50 percent of new sales, he said.

The Pune plant has an installed capacity for 1,30,000 units per year which can be expanded to 2,00,000 units, he said, adding the Tatas also plan to use the facility as an export hub.

Last year, Fiat exported a "few hundred units" to South Africa, Nepal and Sri Lanka from the plant, he said, stressing that going forward, it would focus on meeting domestic demand.

The company also has plans to launch its own entry-level SUV here by 2015, he said, without giving any details.

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