Tata Motors Ltd. and Italy’s Fiat agreed to share their dealer networks in India and abroad, offering both carmakers access to new markets while keeping costs down.

Under the agreement, Fiat cars would be available in India at Tata Motors dealerships from March, the firms said in a joint statement. Fiat is trying to pull back from its worst crisis by launching new models, striking industrial alliances and producing in low-wage countries to cut costs.

Since September, the two carmakers had been considering a possible cooperation in research, production, car parts, purchases and distribution.