Fiat makes Q2 group op loss of 127 million euros


MILAN, July 29 (Reuters) - Italian industrial group Fiat said on Monday it made an operating loss of 127 million euros in the second quarter, slightly worse than analysts had expected but better than a first-quarter loss of 299 million. Fiat's core auto unit, where losses over several years have steepened recently as car sales slumped, posted an operating loss of 394 million euros, better than a first-quarter loss of 429 million euros as Fiat kicked a restructuring plan into gear. In a ...

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