MUMBAI – Fiat Auto SpA’s financial woes are threatening its Indian subsidiary here, despite Fiat India’s recent efforts to rebuild its image. Fiat Palio Until last month, it looked as if Fiat’s Indian troubles were in the past. It was widely known that the company had accumulated losses. Banks and institutional lenders, fully aware of the state of its finances, were nevertheless willing to continue their support because they saw Fiat India as a going concern, performing well in ...

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