Fiat to give target update end October

'Positive and negative signs' says Marchionne

Fiat to give target update end October

Turin, September 13 - Fiat will issue an update on its and US unit Chrysler's 2013 targets at the end of October, CEO Sergio Marchionne said Friday. He said there were "positive and negative signs". In July the Turin and Detroit car-maker confirmed targets for 2013. Turnover should come in between 88 and 92 billion euros; trading profit at 4 to 4.5 billion euros; net profits between 1.2 and 1.5 billion euros; and net industrial debt around 7 billion euros, it said.

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