Ferrari and Maserati coming to India
Automotive News, Brands, Business News February 14th, 2007
Ferrari and Maserati coming to India
Fiat has big plans for the Indian market. The company has struggled ever since they entered the Indian market but they are not losing any hope.
FIAT chairman Luca Cordero di Montezemolo has confirmed that they are planning to launch their Ferrari, Alfa Romeo, Maserati and Fiat’s Grand Punto and Bravo models in the Indian market in the coming years.
Ferrari and Maserati are expected to be launched in India within the next 2-3 years. The Grande Punto and Bravo should enter sooner than that.
Fiat needs some exciting new models in India to bring back the customers to their showrooms who seems to have abandoned their Palio and Palio Sedan models.
Montezemolo admitted that USA is their biggest market in the world while saying: “I think India will become an important market for Ferrari, but not before two-three years from now.”
He also talked about the upcoming Formula-1 season where they are now without Michael Schumacher: “We have a brand new team with Kimi Raikkonen from Finland and Felipe Massa from Brazil. I think we will be competitive and try to win the championship this year.”
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