Fiat SpA reports losses of €127 million ($124.4 million) during the second quarter, due mostly to sagging sales and lackluster profit performance at its Fiat Auto SpA unit, which lost €394 million ($386.2 million) in the period. Slowing sales of Fiat automobiles throughout Europe and efforts to restructure the ailing Fiat Auto SpA unit are hampering attempts by the Fiat Group to post positive results. "The second quarter was yet another disappointing one for the Fiat family," ...
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