Fiat SpA reports an operating loss of €342 million ($394.3 million) for the first quarter, a further decline from the €299 million ($344.7 million) loss recorded in like-2002. Revenues for the quarter fell 10% to €12.3 billion ($14.2 billion) from €14.1 billion ($16.3 billion) year-ago, due to lower sales at the company’s Fiat Auto SpA unit. Fiat Auto reports revenues of €4.9 billion ($5.6 billion), down 18% from €6 billion ($6.9 billion) in like-2002. Worldwide sales of Fiat ...
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