Fiat seen posting 2nd quarterly auto profit in row

Newswire

By Gilles Castonguay MILAN, April 28 (Reuters) - Fiat SpA's key automotive division is expected by analysts to post its second quarterly profit in a row next week, thanks to strong sales of new models like the Grande Punto in its home market. Sales were so strong in the first quarter that Fiat exceeded its target of 30 percent of the Italian market in the first three months of the year. They also encouraged investors, who saw the numbers as sign that the industrial group was succeeding ...

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