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Industry: Email Alert RSS FeedFiat top execs nearing their objectives.(News )(Luca Cordero di Montezemolo and Sergio Marchionne )
Automotive News Europe, February, 2005 by Ciferri, Luca
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Byline: Luca Ciferri
Fiat group Chairman Luca Cordero di Montezemolo and CEO Sergio Marchionne are nearing the three objectives they set when taking over the Italian conglomerate in June 2004.
* Return Fiat group to operating breakeven in calendar-year 2004
* Resolve the dispute with General Motors over the put option
* Create a strong management team, especially at Fiat Auto.
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On February 28, Fiat group will report its 2004 financial results. But Marchionne already says the group reached operational breakeven. Financial analysts polled by Fiat say other group ...
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