Fiat sees car unit likely to miss 2002 target

Newswire

MILAN, July 29 (Reuters) - The car unit of Italian industrial group Fiat will struggle to meet a target of keeping this year's operating loss in line with a 549 million-euro operating loss in 2001, Fiat's CFO said on Monday. "It will be difficult, in view of the second-quarter results, to meet the full-year operating profit target stated in (May)," Chief Financial Officer Damien Clermont told analysts in a conference call. Earlier on Monday, Fiat said Fiat Auto made an operating loss of ...

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