UPDATE 1-Fiat CEO says Europe car plant closures more likely


* European industry needs progressive restructuring -CEO * Fiat discussed tax breaks with Italy's Monti * Fiat has no plans to sell Alfa Romeo, U.S. launch advancing By Jennifer Clark PARIS, Sept 27 (Reuters) - Fiat Chief Executive Sergio Marchionne said the European car market's five-year slump made it "more likely" there will be co-ordinated plant closures across the continent. Marchionne had earlier ...

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