Fiat SpA says its ailing Fiat Auto SpA unit will report a loss of less than €200 million ($212.4 million) during the fourth quarter, failing to meet the break-even target set by management. The parent company also confirms it is reviewing several plans to improve Fiat Auto’s financial future, including a possible separation of the unit from the Fiat conglomerate. "We are currently studying various proposals for recapitalization of our core businesses, starting with Fiat Auto ...
Premium Content (PAID Subscription Required)
"Fiat Misses Financial Target, Considers Separation" 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: firstname.lastname@example.org or phone: (248) 799-2642