TURIN – Fiat SpA, Fiat Auto SpA’s parent holding company, needs between E3 billion to E4 billion ($2.6 billion to $3.5 billion) to drastically cut its debt by the end of this year, the sooner the better. A poor credit rating is costing Fiat dearly in terms of interest rates and confidence of the financial markets. And sales of major assets are taking longer than anticipated and providing less cash than expected as – in some cases – they are going for less than their calculated worth. ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.