Fiat CEO Sergio Marchionne expresses concern about the vibrancy of Europe’s new-vehicle market as the auto maker reports a second-quarter trading profit of €525 million ($762 million), a 71% jump from like-2010’s €307 million ($446 million). “It’s absolutely clear the European market is not in good shape,” Marchionne tells journalists and industry analysts in a conference call from Brazil. Through June, auto makers in Germany, France, Austria, Sweden, Finland and the Czech Republic all ...
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!
Current subscribers, please login or CLICK for support information.