RPT-UPDATE 3-Fiat, Tata form JV to build cars in India

Newswire

(Repeats story issued late on Tuesday) (Recasts with joint venture, adds analyst comment, share price, background) By Rina Chandran MUMBAI, July 25 (Reuters) - Italy's Fiat and India's Tata Motors have agreed to build cars, engines and transmissions for India in a joint venture that could eventually extend to other markets such as Argentina. The deal would allow Fiat, Europe's fifth-biggest automaker, to expand in a potentially huge market as well as help it increase the scale of its ...

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