UPDATE 3-Fiat loss shrinks in Q3 but Auto still weighs

Newswire

(Writes through with CEO comments, adds share close) By Jane Barrett MILAN, Oct 31 (Reuters) - Disappointing results from Fiat's auto unit overshadowed the group's two consecutive quarters of narrowing losses on Friday but managers said a car-led rescue plan would show through more clearly in the fourth quarter and early 2004. Fiat fell deep into loss last year, partly due to a slump in auto sales, and has kicked off a wide restructuring to focus on cars and pull back to operating ...

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