{"id":536622,"date":"2010-04-21T09:09:30","date_gmt":"2010-04-21T13:09:30","guid":{"rendered":"http:\/\/www.egmcartech.com\/?p=55304"},"modified":"2010-04-21T09:09:30","modified_gmt":"2010-04-21T13:09:30","slug":"fiat-spa-reports-a-28-million-loss-in-first-quarter-of-2010","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/536622","title":{"rendered":"Fiat SpA reports a $28 million loss in first quarter of 2010"},"content":{"rendered":"

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Fiat SpA, which now manages and runs Chrysler Group LLC, reported a $28 million loss in the first quarter of 2010 and warned that the year will be a tough one for the auto business in a continued tough economic climate and the end of Europe’s cash for clunker incentive program this year.<\/p>\n

Fiat said that the loss is an improvement on its $549 million loss reported during the same period in 2009. First-quarter revenues of $17.3 billion were up 14.7 percent.<\/p>\n

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Fiat’s automobile division outperformed the company as a whole and generated revenues of $9.1 billion, up 22 percent.<\/p>\n

Fiat SpA Sergio Marchionne is in Italy today where he is joined by management as they present their 2010-2014 business and product plan. Stay tuned for more info on that.<\/p>\n

– By: Omar Rana<\/em><\/p>\n

Source: Detroit News<\/a><\/p>\n

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Fiat SpA, which now manages and runs Chrysler Group LLC, reported a $28 million loss in the first quarter of 2010 and warned that the year will be a tough one for the auto business in a continued tough economic climate and the end of Europe’s cash for clunker incentive program this year. Fiat said […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-536622","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/536622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=536622"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/536622\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=536622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=536622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=536622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}