S&P says could raise Fiat outlook if profits increase

Newswire

MILAN, Jan 23 (Reuters) - Standard & Poor's said it could revise its outlook on Italian car maker Fiat to "positive" from the current "stable" if the launch of a new car can increase profits and if free cash flow improves. "An upgrade would require the successful launch of another high-volume car model that would lower Fiat's dependence on the Punto," Standard & Poor's said in a statement. "The upcoming launch of the Bravo ... could give a further boost to the group's earnings," ...

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