Discussion in 'Fiat India News' started by amogh, Feb 5, 2015.
2017 Mar numbers for FIAT : 353 (Better than Feb 2017 - 316)
Source : AutoPunditz
God,please be with these 353 souls and make spares and service available for them,atleast for 5 years.
It will be. We heard same comment back in December 2010 when Fiat sold only 275 units in that month. Now, here we are in April' 2017.
God is already with them because they had the courage to buy what they loved with their own money and did not follow the masses!
Congrats to each and every single one of them!
Spares will be available for atleast 8-10 years. Some people are still maintaining their Palios' in India. I think we also have a law that ensures that a company has to provide spares for 10 years from the car launch time.
^^ may be with help of 99rpm spares would be available but it will make big hole in the pocket to maintain because of the discontinued model or low sales.
Example my Punto's combination switch gone kaput and costs 6.5k to replace it,this is definitely nonsense and complete rip off because the competition charges in the tune 700-1k RS and Fiat costs bomb is it made up of gold?
Any how hard time ahead to maintain this white elephant.
Fiat users are not alone, another brand who attempted suicide couple of years back by not introducing any quality product but offering all china products and was in ICU now may die in MAY
GM unfortunately had no plan for India, no new Jeeps, no engine to sell, no AMT. So its understandable. It would have been good for fiat to partner GM in India to use common dealership and service centers. After all consolidation is the key.
came across this thread on TBhp.. about profit and revenues of car manufacturers.. And GUESS WHAT....????? FIAT is among the the companies who makes highest profit.
Thanks @Krunal Bhatt I have been trying to find these info. This should give clarity to all those blaming Indian market saying except Maruti, Hyundai, Toyota all others are making losses. There is nothing wrong with the market.
I have copied the same data below to give some more perspective. Just look at Maruti, the profit of Rs. 4571 crores is after paying royalty, other services (fee towards may be management support), imported items, lump sum royalty amortization, etc to Suzuki wchich is parent company. This is same for all other manufacturers. So the simple fact is none of the operations are completely loss making. Parent company receives running royalty on sales (5.5% in case of Suzuki and others may be higher), lumpsum royalty for import of knowhow for manufacture of new vehicles, management fee for management support, reasonable profit on each of the imported component, interest on loan taken, etc. and after considering these show me who is making loss? None except may be GM. And that is why everyone still interested in Indian market. Even Fiat wants to stay here, but may not be through FIAT but with Jeep brand, even GM wants to stay but not with GM brand but with SIAC.
Manufacturer Revenue Profit Profit % Royalty Services Received
Maruti 58,208 4,571 7.85% 3,244.00 88.00 5.72%
Hyundai 32,113 1,291 4.02%
Toyota 14,030 505 3.60%
Honda 12,874 363 2.82%
Mahindra 41,740 3,167 7.59%
Tata 44,503 234 0.53%
Ford 12,007 (780) -6.50%
VW Group 8,249 604 7.32%
Renault 6,004 (420) -7.00%
Fiat 4,282 400 9.34%
Mercedes 4,216 302 7.16%
GM India 3,183 (663) -20.83%
Volvo 2,662 (84) -3.16%
BMW 2,225 (49) -2.20%
@SwifttoPunto You are welcome....
Yes, data are really encouraging but most of us know that profit is more from engine, transmission and production of Zest at their plant.
Hope, FCA keeps the brand alive along with JEEP.
BUT JEEP needs be a success, then only we will see something new from FIAT.
Separate names with a comma.