ROME, May 27 (Reuters) - Fiat CEO Giuseppe Morchio confirmed on Thursday the Italian automaker would reach the breakeven point on an operating basis this year, despite crippling strikes at a key southern Italian plant. "We can confirm the target of hitting operating breakeven at the end of 2004," Morchio told reporters on the sidelines of a Rome conference, reiterating comments made earlier this month. In April and May, Fiat was hit by a three-week strike at its Melfi plant, which ...
Premium Content (PAID Subscription Required)
"Fiat CEO confirms to hit oper breakeven in 2004" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642