Rochester,NY 8/11/2009 1:50:29 AM
Tata Motors Limited (ADR),TTM-Fetching to get Fiat's Ferrari and Maserati brands to India
Tata Motors Limited
Even as Tata Motors is anticipating to tie up with Fiat Motors to sell the low-priced passenger car Nano mutually in Latin American markets, Italian auto maker and India's largest vehiclemaker are also in negotiation for a joint merchandising venture to get Fiat's Ferrari and Maserati brands to India.
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Ratan Tata, who is also a Fiat India’s director, told Italian daily La Stampa the two were studying further collaboration to add to existing projects such as a partnership to manufacture engines in India.
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