Fiat cuts Q3 op loss but Auto worse than expected

Newswire

MILAN, Oct 28 (Reuters) - Italian industrial group Fiat narrowed its operating loss to 97 million euros in the third quarter from 285 million a year ago while its core car arm Fiat Auto lost 270 million euros against 314 million last year. Eleven analysts polled by Reuters had Fiat to post a group operating loss of 106 million euros while Fiat Auto was seen losing 250 million euros. In a statement of results posted on Thursday, Fiat said revenues for the whole components-to-combine ...

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