UPDATE 3-Fiat oper loss shrinks as revival plan kicks in

Newswire

(Adds gross debt, forecasts) By Jane Barrett MILAN, July 31 (Reuters) - Fiat's operating loss shrank to a smaller than expected 25 million euros ($28.27 million) in the second quarter as a make-or-break restructuring began to bear fruit, though analysts said it was too early to sound the all-clear. Fiat has spent the last 18 months battling through its worst ever crisis, partly brought on by a slump in car sales, forcing what was once Europe's biggest automaker to slash jobs, sell ...

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