Fiat beats forecasts as Auto narrows Q3 loss

Newswire

MILAN, Oct 26 (Reuters) - Italian industrial group Fiat posted a trading profit of 232 million euros for the third quarter, while its core car unit narrowed its loss to 85 million euros from 282 million euros a year ago. Fiat said the trading profit for the group compared with a 30 million-euro trading loss in the third quarter of 2004. In a Reuters poll, 10 analysts expected a trading loss of 141 million euros for Fiat Auto and a 120 million euro trading profit for the group. Fiat, ...

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