Fiat targets car market share of 30 pct in Italy

Newswire

TURIN, Jan 30 (Reuters) - Fiat aims for a market share of 30 percent in Italy in 2006 and of 7.2 percent in Europe, CEO Sergio Marchionne said at a news conference on Monday. Fiat, which launched its new Punto model in September of 2005, managed to achieve a market share of just over 30 percent in November 2005 for the first time since January 2004 but in December it slipped to 29.39 percent. Fiat earlier said its Fiat Auto car making unit turned in a trading profit of 21 million euros ...

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