AUTOSHOW-UPDATE 1-Fiat to post net profit in 2010-CEO

Newswire

* Fiat had said expected profit close to break even in 2010 * CEO sees third quarter better than expectations * Alfa Romeo not for sale, Industrial open for allies * Shares up 2.6 percent, outperform sector (Adds details, shares) PARIS, Sept 30 (Reuters) - Italian carmaker Fiat expects to raise its 2010 targets and will report a net profit this year, Chief Executive Sergio Marchionne said on Thursday. Speaking on the sidelines of the Paris Auto Show, Marchionne said that sales in ...

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