Fiat says targets 30.2 pct Italy market share 2007

Newswire

BALOCCO, Italy, July 26 (Reuters) - Automaker Fiat aims for a 30.2 percent share of its domestic Italian market in 2007, revising down a previous target of 32.4 percent in 2006, the group said in a presentation on Monday. Fiat added it targeted an 8.2 percent share of the West European market in 2007, up from 7.4 percent in 2003. Fiat added it saw revenues at farm equipment unit CNH totalling more than $13 billion in 2007, with an operating income margin of 10 percent.

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