Tuesday, December 16, 2008

FIAT postpones launch of Linea.



The Indian unit of Italy's Fiat has deferred the launch of its mid-sized Linea sedan to January from December, the company said on Tuesday.

The company attributed the delay in launch to the attacks in Mumbai last month, in which 179 people were killed during a three-day siege in India's financial heart.

"We do not feel like celebrating the joy of Linea now," the company said in a statement. Fiat India Automobiles Ltd started the production of the Linea in November and was to have launched it this month. 

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