Tuesday, 29 November 2011

Deal to supply Diesel engines from Fiat to Maruti finalized, Maruti to raise Swift output

Maruti has finalized the deal with Italy's Carmaker Fiat to supply 1 Lac diesel engines with immediate effect. The company was planning to seal the deal and this has been done now.

Maruti Suzuki Chairman RC Bhargava says, "There is a lot of Diesel Cars in India due to increased petrol prices by the government but due to our low capacity we were suffering. Now we have finalized the deal with Fiat and will subsequently raise the production of Swift Hatchback from 01st January 2012"

On the waiting period for swift, Mr. Bhargava said though we have promised to deliver the cars by April 2012 but once we ramp up the production, the waiting will subsequently be reduced.


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