UPDATE 2-Fiat confirms '08 targets, posts higher '07 result


(Rewrites throughout, adds quotes, details) By Gilles Castonguay MILAN, Jan 24 (Reuters) - Italian carmaker Fiat confirmed its 2008 targets on Thursday after posting higher-than-expected results for 2007, and said it did not expect the market crisis to severely curb global consumption. Fiat, Europe's fifth-biggest automaker by market value, said it would keep cutting costs and improving productivity to meet the targets. The targets include a trading profit of 3.4-3.6 billion euros ...

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