Fiat op loss narrows in Q3 but worse than expected

Newswire

MILAN, Oct 31 (Reuters) - Fiat said on Friday its operating loss narrowed year-on-year to 285 million euros in the third quarter, slightly worse than analysts' forecasts, while its struggling car unit cut its losses to 314 million euros. Analysts polled by Reuters had forecast the Italian industrial group would book an operating loss of 246 million euros while Fiat Auto was seen losing 272 million euros against 340 million euros a year ago. Fiat group revenue came in at 9.837 billion ...

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