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PRODUCTION * India - Tata-Fiat auto JV investment could expand to trucks
Mumbai,India -Reuters -Dec 14, 2006: -- India's top vehicle maker Tata Motors Ltd. and Italy's Fiat said they could invest more than 665 million euros ($877 million) in a joint venture to make cars and engines, and may expand it to produce trucks as well... The joint venture would be located at the Fiat plant in Maharashtra. Annual capacity would be in excess of 100,000 cars and 200,000 engines and transmissions, and production would start from the beginning of 2008, Tata Motors said in a statement on Thursday...
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