Can Fiat sustain its pace? Stock's huge rally could run out of gas as model-lineup thins
Article Abstract:
Fiat S.p.A. has enjoyed dramatic financial success since Sergio Marchionne became its chief executive officer in June 2004, with stocks rising 263% to present. The company's market value is larger than Ford Motor Co. and General Motors Corp. combined, totaling $37.1 bil. To maintain this growth, however, Fiat will need to improve plant capacity, currently at only 51%, particularly as its next major new model launch will not occur until 2009.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Porsche issues rosy outlook, says little about VW plans
Article Abstract:
Porsche Automobil Holding announces a 15-percent revenue increase to 2.36 billion euros, and an 18-percent unit sales increase to 30,700 vehicles for the first four months of its 2007 fiscal year. Article discusses the company's investments in Volkswagen AG.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
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