Fiat faces dwindling options to raise auto cash


By Christian Plumb and Alex Clelland MILAN/LONDON, Oct 30 (Reuters) - Italian industrial group Fiat SpA faces dwindling options to raise some two billion euros for its loss-making automobile arm because bond investors are reluctant to lend it more, analysts said on Wednesday. Fiat is expected to announce plans on Thursday to pump money into Fiat Auto, which this year has burned through more than one third of its 1.8 billion-euro share capital amid deep operating losses and an ongoing ...

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