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Fiat to Lower Outlook for European Auto Market
Fiat SpA will cut its forecast for Europe's car market for 2013-2014 when the company updates its current business plan on Oct. 30, Fiat-Chrysler CEO Sergio Marchionne tells reporters.
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Fiat SpA will cut its forecast for Europe's car market for 2013-2014 when the company updates its current business plan on Oct. 30, Fiat-Chrysler CEO Sergio Marchionne tells reporters.
He notes that the region's sales picture has altered dramatically since he presented Fiat's five-year program in 2010.
Marchionne says Chrysler also will revise its outlook for the coming two years. But he did not elaborate on how the U.S. company's projections might change.
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