UPDATE 6-Fiat slashes targets due to languishing European sales

Newswire

* Fiat cuts 2013, 2014 sales, profit targets * 3rd quarter trading profit at 951 mln euros, above forecasts * Sees weak European market through 2014 * Denies report of Opel talks By Jennifer Clark MILAN, Oct 30 (Reuters) - Fiat SpA sharply cut its performance targets for the next two years, saying languishing sales in austerity-hit Europe may lop off a third of its previous projections for 2014 trading profit. ...

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