-Tata Motors Limited to revise distribution plans for JV with Fiat.
Auto Business News - 17 February 2011
Tata Motors Limited (NYSE: TTM), an India-based automaker, is revising its distribution plans for its joint venture with Fiat.
The company is taking this step because of the lower-than-expected sales at Fiat.
According to the new distribution plan, Fiat will have independent brand showrooms for its products. The Indian company will also continue selling Fiat-branded cars through its dealerships as well.
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