Fiat SpA reports a reduced operating loss of €25 million ($28 million) in the year’s second quarter, compared with €127 million ($143 million) in like-2002 and €342 million ($384 million) in first-quarter 2003. The decline is the result of cost-reduction efforts at its automotive unit, Fiat Auto SpA, as well as the divestment of money-losing operations. (See related story: Fiat Cutting 12,300 Jobs as Part of Latest Turnaround Plan) While overall losses were pared, net ...
Premium Content (PAID Subscription Required)
"Fiat Cuts Losses in Q2 as Restructuring Gains Traction" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.