Fiat India Chief Quits

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Nagesh Basavanhalli, the Chief of Fiat India, has stepped down from his position. Basavanhalli joined Fiat in April last year.

He joined Fiat India as the Managing Director and President to re-establish and streamline Fiat's operations in India, after the break up with Tata Motors.

Before joining Fiat, Basavanhalli was in charge of Fiat and Chrysler's APAC (Asia-Pacific) Technical Centre, which is located in Chennai.

A Fiat spokesperson said, "As an expatriate, he is serving the third year of his three-year term. Normally, expatriate postings are for a period of up to three years. There are, however, no hard and fast rules. He has been in India since 2007."

Fiat, in spite of manufacturing good engines, is struggling to make a firm foot print in India. New vehicle launches as well as refreshing its lineup helped very little.

Fiat is also bringing in Jeep, the premium SUV maker to the Indian shores as well as the performance oriented brand, Abarth.

Pablo Rosso, the present head of Fiat Chrysler in South Korea, is a likely person to take the role as head of Fiat Chrysler India.

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Story first published: Monday, December 29, 2014, 17:36 [IST]
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