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Showing posts with label European crisis. Show all posts
Showing posts with label European crisis. Show all posts

October 31, 2012

Fiat slashes targets for next two years due to languishing Europe sales

MILAN: Fiat sharply cut its group targets for the next two years on Tuesday, saying languishing sales in austerity-hit Europe may mean its trading profit in 2014 is a third lower than it targeted two years ago.