Fiat back in Profit

[Third Opinion]

Glad to read this as I would hate to see them go the Rover route.

BBC

Plus they have the alliance with Ford now to produce the new KA.

 

[rpstewart]

It's an interesting definition of profit mind you, more losing less than GM thought rather than actually making money

http://forums.overclockers.co.uk/showpost.php?p=6375305&postcount=772

 

[Mr_Sukebe]

I love the way that the BBC says that it's been a drain on the commercial vehicle side of things. Don't they mean the Italian taxpayer? Haven't they been bailing out FIAT for years?

 

[SDK^]

If Fiat don't use the money from GM wisely then it's not going to be too long before they drop off the scene.

 

[Third Opinion]

I love the way that the BBC says that it's been a drain on the commercial vehicle side of things. Don't they mean the Italian taxpayer? Haven't they been bailing out FIAT for years?

Yeah but what differs the Italian public to ours is they actually buy Fiats. More than can be said for own dead horse Rover. Also when you talk about tax payers money look at Renault and Peugeot that are still French public owned. Also The British tax payer did it's fair share proping up Rover over the last 30 years.