Tata open to Fiat selling Nano cars (Reuters)

By Gilles Castonguay 1 hour, 1 minute ago TURIN, Italy (Reuters) - Indian car maker Tata Motors Ltd is open to Italy's Fiat SpA helping to sell the ultra-cheap Nano model overseas, Chairman Ratan Tata said on Tuesday. Tata, India's third-biggest car maker, plans to launch the Nano later this year, priced at about $2,500. "We have held talks about the Nano being marketed in markets where Fiat has already a strong presence. I am open to consider a partnership," he told a news conference at a forum promoting cooperation between Italian and Indian companies. Fiat has a joint venture with Tata to manufacture and distribute cars, engines and commercial vehicles. Tata also said the Tata group was in talks with Italian defence and aerospace company Finmeccanica SpA about supplying helicopter parts. Fiat Chairman Luca Cordero di... [read full story]