Fiat shares have climbed five percent on hopes about its recovery plan, an improved share in Italy’s sliding car market and closer ties with GM, reports Reuters.
The recently appointed CEO announced that he was preparing a recovery plan after Fiat posted a record €4.3bn (US$4.87bn) loss last year.
Italian new car …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.