Blog: Dave LeggettFiat's uphill climb

Dave Leggett | 13 May 2003

Fiat Auto's Q1 financial results weren't great. Better than the same quarter of last year, but worse than Q4. Q2 won't be too great either. The Italian car market has entered a definite weak phase after the ending of market stimulating government incentives. And Fiat's tired product line-up isn't cutting the mustard elsewhere. New models are desperately needed. Recent strikes disrupting distribution in Italy won't have helped either. Can Fiat Auto break-even in 2004 - the stated target? It won't be at all easy, but at least there are new models being rolled out. The tall Punto, Stilo wagon and Gingo had all better be good.


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