Italy's Fiat to re-enter India's jeep market with Cherokee, Wrangler
Agencies: Mumbai, Dec 06 2012, 21:24 IST
share of 0.4 per cent. The company sells the Punto hatchback and Linea sedan in the country now.
Currently the Jeep models are sold in 120 countries, but not here, Asia's third-biggest car market.
In the first half of the current fiscal, utility vehicle sales rose 55.8 per cent year-on-year, while car sales shrank 0.3 per cent and the overall car sales are likely to grow just 1-3 per cent, according to the industry body Siam.
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