Fiat Auto sticks to targets despite new managers

Newswire

By Jane Barrett VENICE, Italy, June 22 (Reuters) - The core car division of Fiat is sticking to its existing financial targets, which include a return to operating breakeven next year, Fiat Auto's chief executive said on Tuesday. Members of the new management team at Fiat have said the company's turnaround would be accelerated, leading to some speculation that fresh targets might be announced. However, Fiat Auto Chief Executive Officer Herbert Demel said the arrival of Luca di ...

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