UPDATE 2-Fiat sets profit targets, Auto still tough

Newswire

(Adds analyst, more details) By Jane Barrett TURIN, Italy, June 23 (Reuters) - Fiat expects to make a net profit of more than 700 million euros ($853 million) in 2006 as it leaves behind its worst-ever crisis, but managers warned on Thursday that its car division still faced challenges. Chief Executive Sergio Marchionne confirmed that Fiat would post its first net profit since 2000 this year but it will only pull into the black thanks to a 1.55 billion euro payment it won when it ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Fiat sets profit targets, Auto still tough" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×