UPDATE 2-Fiat market share in Italy stable in May-exec

Newswire

(Adds more comments, updates share price) By Gianni Montani TURIN, May 20 (Reuters) - Italian automaker Fiat expects its share of a flat domestic market to be little changed at 28-29 percent in May and has its focus on the launch of new models later this year, a Fiat Auto executive said on Tuesday. Total Italian car sales are expected to decline to 180,000 in May from 182,800 in April, said Gianni Coda, the head of Fiat Auto's Fiat-Lancia business unit. Fiat picked up 28.8 percent of ...

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