UPDATE 4-Fiat beats Q3 trading forecasts, cautious on 2005

Newswire

(Adds chairman comments in paragraphs 7 and 8) By Sophie Hardach MILAN, Oct 26 (Reuters) - Italy's Fiat surprised the market with a much narrower third-quarter loss for its core car unit, despite flat sales, but executives stopped short on Wednesday of revising fourth-quarter forecasts. Fiat Auto, which is pulling back from its worst-ever crisis, made a trading loss of 85 million euros ($102.6 million), improving on last year's 282 million euro loss as it continued to slash costs. ...

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