Fiat scores 13th successive profit boost ~ Auto Guru India - Junction of News, Auto Reviews, Advice

May 1, 2008

Fiat scores 13th successive profit boost

The Fiat Group has recorded its 13th successive quarterly profit boost, with Fiat car sales climbing in Europe against the market trend, a record quarter for commercial vehicles and sales increases for Fiat agricultural and construction equipment combining to boost Fiat profits by 28.7 per cent while the car division lifted its profit gain by 53 per cent.

Leading the growth are two Fiat vehicles one of which has recently arrived in New Zealand and the other set for a local launch in a matter of months. The Fiat 500, for which in New Zealand, as around the world, demand outstrips supply, and the soon-to-arrive new Fiat Scudo van, which is a major player in all the markets in which it is sold, have both made a major contribution to the success of Fiat, along with the Bravo and Punto.


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