Fiat auto net '02 loss seen around 2.0 bln euros


ROME, Jan 28 (Reuters) - Italy's industry minister said on Tuesday that troubled Italian carmaker Fiat was unlikely to sustain losses at its auto division of "much more than 2.0 billion euros" in 2002. "The forecast is that the final result for 2002 will not be much beyond a loss of 2.0 billion euros," Antonio Marzano said on the sidelines of a meeting, referring to Fiat's net result. Last week, Fiat said Fiat Auto had made an operating loss of "less than 200 million euros" in the fourth ...

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