Fitch: Fiat Plan Is Ambitious, With High Execution Risks

Newswire

(The following statement was released by the rating agency) LONDON, May 09 (Fitch) Fiat Chrysler Automobiles' new business plan will help tackle the key challenges the group faces but execution risks are high and the financial targets are ambitious, Fitch Ratings says. The plan to reposition key brands and increase global market shares through a strong product offensive, notably at Jeep and Alfa Romeo, would help counter the weakness of the European car market and continuing ...

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