Fiat SpA posts its first financial loss in nine years, dragged down by its automotive unit, which closed factories and reduced inventories in light of a global economic decline in 2001. The parent company says it plans to increase its divestment of non-core assets as a way to boost its balance sheet this year, which is expected to be equally as difficult as the last. Fiat reported a net loss of E791 million ($686 million) for fiscal year 2001, down sharply from 2000’s E578 million ($501 ...

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- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.