part of the group of founding members of FIAT, Fabbrica Italiana di Automobili Torino. The first Fiat plant opened in 1900 with 35 staff making 24 cars. Known from the beginning for the talent and creativity of its engineering staff, by 1903 Fiat made a small profit and produced 135 cars; this grew to 1,149 cars by 1906. The company then went public selling shares via the Milan stock exchange. About
Fiat Automobiles is the largest automobile
manufacturer in Italy. During its more than century- long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford for over 20 years, until the car industry crisis in the late 1980s . In 2013, Fiat was the second largest European automaker by volumes produced and the seventh in the world, while currently FCA is the world's eighth-largest auto maker. Fiat-brand cars are built in several locations around the world. Outside Italy, the largest country of production is Brazil, where the Fiat brand is the market Contd... leader.The group also has factories in Argentina, Poland and Mexico (where Fiat-brand vehicles are manufactured at plants owned and operated by FCA US for export to the United States, Brazil, Italy and other markets) and a long history of licensing manufacture of its products in other countries. Current produc tion The Fiat 500 is a car produced by the Fiat company of Italy between 1957 and 1975, with limited production of the Fiat 500 K estate continuing until 1977. The car was designed by Dante Giacosa. Redesigned in 2007, it is currently distributed worldwide.A-segment - Fiat PandaThe Fiat Panda is a city car from the Italian automotive manufacturer Fiat. Current version is the third one distributed as from 2012.C-segment - Fiat TipoM-segment - Fiat 500LThe Fiat 500L enlarges, as from September 2012, the Fiat 500 family with a Mini MPV which replace the Fiat Idea. arketing ix of FIAT
Marketing Mix of FIAT analyses the
brand/company which covers 4Ps (Product, Price, Place, Promotion) and explains the FIAT marketing strategy. The article elaborates the pricing, advertising & distribution strategies used by the company. P roduc t FIAT manages the need of mobility responsibly by offering wide range of vehicles to its large number of consumers. Automobile industry is providing flexible solutions to individual needs and offers The product strategy the most popular means of transportation. The brand keeps and mix in FIAT innovating and introducing dynamic new models and new features. marketing strategy The company targets different audiences by offering different can be explained as follows products to them. For example, the model Panda was offered and targeted toward young generation. The group brand invests huge amount in research and development. FIAT is committed to reducing CO2 emission, use of alternative fuels and engaging customers in eco - responsible behaviour. Price
FIAT understands its target market and designs its pricing
strategies to best address their needs. Transparency in This is the pricing pricing is of utmost importance to FIAT. Being an automobile strategy in FIAT brand, the marketing mix pricing strategy of FIAT depends marketing strategy: upon competitor, segment it is catering to, features in the car and demand from customers. The products are keenly and transparently priced. The price quoted by FIAT is the price which is paid to the dealers .The customers have to pay additional charges for additional features and delivery P lac e
FIAT believes in working with global supply chain and it has a
global dealership network to achieve high quality delivery in their product, services and operations. The group brand has its presence Following is the in Europe, America, Asia, Africa and Australia and New Zealand. The distribution brand focuses on developing a relationship of mutual strategy of FIAT: understanding and respect to promote good practices and sustainable development. FIAT also has International network of agents and dealers who work for them for successfully delivering of products to customer. FIAT Group believes that they have a moral responsibility to contribute positively in the society. FIAT has a philanthropic strategy which supports social inclusion, cultural growth and economic development in local communities. The brand is a part of car races The promotional and since the advent of the company and till date it promotes its products advertising strategy in in motor races. The pull strategy is employed to attract the customer the FIAT marketing and make the sale by doing pre - publicity of the cars. The products strategy is as follows: demand increases due to the publicity and sales are achieved. FIAT also asks experts and journalists to test drive and give their review and opinion about the cars I don't live a luxurious life. I drive a small second-hand Fiat. I don't have to worry about money, which is itself a privilege.