TURIN, Italy June 23 (Reuters) - Italian industrial group Fiat expects to book a net profit of more than 700 million euros in 2006, rising to 1.6-2.0 billion euros in 2007, Chief Executive Sergio Marchionne said on Thursday. In a speech to shareholders, Marchionne confirmed Fiat's 2005 targets. Fiat expects to book a net profit this year thanks to a 1.55 billion euro split-up settlement from former partner General Motors . Its core car arm Fiat Auto should post a trading loss of 320 ...
Premium Content (PAID Subscription Required)
"Fiat CEO sees more than 700 mln euro net profit '06" 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
Current subscribers, please login or CLICK for support information.