Turin

Fiat posts net profit of 1.4 billion for 2012

Result better than expected given European troubles

Fiat posts net profit of 1.4 billion for 2012

(see related stories) Turin, January 30 - Fiat said Wednesday that it posted a net profit of over 1.4 billion euros for 2012. The result was better than analysts had expected, given the company's recent struggles on the crisis-hit European car market.

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