Fiat says sees small auto operating loss in 2005

Newswire

BALOCCO, Italy, July 26 (Reuters) - Fiat said in a slide presentation to analysts on Monday that it expected its auto unit to have an operating loss in 2005, missing an earlier target that the car operations would break even next year. The car division would have an operating profit in 2006, the company said. Fiat also said it expected to have a net profit of more than 500 million euros in 2006 after missing its earlier target of breaking even on a net level in 2005.

Premium Content (PAID Subscription Required)

"Fiat says sees small auto operating loss in 2005" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×