TEXT-Fitch on European carmakers


(The following statement was released by the rating agency) April 27 - Fitch Ratings says that the rest of 2012 will remain difficult for European mass-market - or volume - car manufacturers, including Fiat Spa ('BB'/Negative), Peugeot SA (PSA, 'BB+'/Stable), Renault SA ('BB+'/Stable) and Volkswagen Group ('A-'/Stable). "The overall message from European manufacturers from their Q112 results remains extremely prudent for this year, in line with Fitch's assumptions," says Emmanuel Bulle, ...

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