Fiat SpA now says it plans to divest E3 billion ($2.65 billion) of non-core assets by the end of 2003. The new figure marks a 50% increase over original forecasts made in December, and signals the auto maker is serious about plans to focus on its core automotive operations. Fiat executives – including CEO Paolo Cantarella – presented the upgraded divestment plan to analysts in London this week. The plan calls for Fiat to divest E2 billion ($1.76 billion) of its Magneti Marelli components ...
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: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.