MILAN, Feb 28 (Reuters) - A planned five billion-euro capital increase for the car arm of Fiat will be enough to fund a turnaround plan through to 2005, the Fiat group's chief financial officer, Ferruccio Luppi, said on Friday. "The capital increase of five billion euros will be sufficient to remain comfortable, more than sufficient for the plan. We do not expect any other rights issue in the future," Luppi told analysts during a conference call. The CFO also said an immediate three ...
Premium Content (PAID Subscription Required)
"Fiat CFO sees no extra cap hike, loans to be used" 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.