Fiat has launched Fiat Grande Punto and Fiat Linea in India in past few years and has been going not so good when it comes to sales numbers. Fiat has realized the need to bring in smaller and cheaper cars just like Hyundai and Chevrolet has been planning for Hyundai 800 and Chevrolet Spark 800. To have a slice of ever growing market demand of small cars in coming years, Fiat will develop a small car with Tata Motors and launch it by end of 2011 or early 2012.
Fiat Small Car Specifications
The small car will be derived from Fiat 500 Minicar which is a world known iconic car from Fiat. To keep the car in the cheap pricing and to take full advantage of the tax and excise benefits in India, the car will feature a petrol engine less than 1200cc in capacity with power output nearly 80BHP. The overall length of the car will be smaller than 4000mm to keep in small car tax segment. It will be a 4 door car with comfortable seating capacity for 4 passengers. At this size of car and the engine capacity, it is expected that the car will delver a decent fuel efficiency.
Fiat Small Car Price
The Fiat small car will be a low cost car and will cost between Rs. 3 Lakhs to Rs 3.5 Lakhs. The actual prices may increase marginally because by the time of launch, the tax rules and input cost may change. I will update this section as soon as more official announcements are made by Fiat. The on-road price will come around Rs. 4 Lakhs depending in state to state.