Fiat set to cut Q2 loss, revival signs sought

Newswire

By Jane Barrett MILAN, July 31 (Reuters) - Everyone will be on the look-out for any glimmer of hope at Fiat's troubled car unit when the Italian industrial group reports what analysts say should be narrower second-quarter losses later on Thursday. Fiat watchers are also keen to hear the results of a 1.8-billion-euro capital increase that closed on Wednesday and is a key part of Fiat's latest restructuring plan, aimed at pulling the group back to operating profit in 2005. Italian ...

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