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Last adapted on: December 6, 2012 17:45 IST

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Fiat SpA and its US assemblage Chrysler will barrage Jeep cartage in India in the third division of 2013, the brand’s arch said, as the Italian carmaker tries to reboot its Indian adventure with an access into the country’s fast-growing SUV segment.

The off-road pick-ups and affluence SUVs will be the aboriginal cartage from the Chrysler abiding launched in India, area Fiat has bootless to able the highly-competitive bargain segment, and afresh breach with bounded sales accomplice Tata Motors.

“Our ambition is to ability 5 percent bazaar allotment in the accountable future,” Mike Manley, Chrysler’s admiral and arch controlling administrator for the Jeep cast told reporters.

“We will accompany out new articles and try to ability that goal. Asia Pacific is the better advance bazaar for us,” he said.

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Fiat, which took ascendancy of Chrysler in 2009, lags abaft European and U.S. competitors in high-growth Asian markets, admitting aboriginal entering India in the 1950s.

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The carmaker awash aloof 4,717 cars in India during the six months to September, giving it a bazaar allotment of 0.4 percent. It sells its Punto auto and Linea auto in the country.

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Jeep cartage are awash in 120 countries beyond the world, but not in India, Asia’s third-biggest car market.

The carmaker will barrage two all-embracing Jeep models in India abutting year, and later, two bounded models. It affairs to advertise Jeep through 32 dealers in 25 cities beyond India, said Enrico Atanasio, managing administrator of Fiat Group Automobiles India.

Jeep will attempt with Tata and bazaar baton Mahindra and Mahindra Ltd in India, area appeal for SUVs has soared over the accomplished year, helped by acceptable government subsidies on agent fuel.

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In the aboriginal bisected of the accepted banking year that began in April, commuter account agent sales rose 55.8 percent year-on-year, while car sales shrank 0.3 percent.

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India’s car sales are accepted to abound by 1 percent to 3 percent in the banking year that ends in March, according to industry anatomy the Society of Indian Automobile Manufacturers, as aerial absorption rates, apathetic bread-and-butter advance and ascent ammunition prices avert buyers.

Fiat concluded a six-year administration and business accord with Tata in May afterwards sales underperformed expectations.

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