Fiat CEO confirms 2009 profit target

Newswire

TURIN, Italy, March 27 (Reuters) - Fiat's chief executive confirmed on Friday the Italian industrial group's aim to reach a trading profit exceeding 1.0 billion euros ($1.36 billion) this year despite the crisis ravaging the car industry. "Notwithstanding the difficulties of the international economic situation, we are still confident to be able to meet the target announced by the group for the entire year," Sergio Marchionne told shareholders at their annual meeting. "We are convinced ...

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