Italy: Fiat CEO said company will cut Europe investments
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Italy: Fiat CEO said company will cut Europe investments

Rome : Italy | Jun 15, 2012 at 2:48 AM PDT
Source: AKI
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Fiat, the Italian carmaker which controls Chrysler, is cutting investments in Europe by 500 million euros on expectations that the region's auto market won't recover in the second half...A recovery in Europe depends on many factors: first Greece, then the way in which the Euro currency will continue... FULL ARTICLE AT AKI
 
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  • Italy: Fiat Europe sales take hit amid economic slowdown

    AKI
    Fiat's sales in Europe plummeted in May as the weak economy and a saturated market sap demand for vehicles from Italy's biggest carmaker. Sales fell 12.1 percent from May 2011 giving its a 7.2 percent market share in Europe, compared with 7.5 percent...

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