AUTO FIAT
ITALY: Fiat Auto chief leaves in '07 just-auto Fiat chief executive Sergio Marchionne on Thursday said he would step down as the leader of the company's automaking unit next year and said his successor would come from within the company. Sanford Bernstein Raises Fiat Target Price New Ratings 1652 GMT [Dow Jones]--Sanford Bernstein raises its price target for Fiat (FIA) to EUR9 per share reflecting an upgrade in earnings forecast for CNH and Iveco units after investors presentations last week. Fiat fights back drive.com.au Fiat, a company with a 107-year heritage but a disappointing recent history of building ordinary cars, recognises that it must stamp itself as a quality European brand or risk being swamped by a rising tide of more affordable Korean and Chinese vehicles. Toyota, Fiat Lead First European Sales Gain Since May Update1 Bloomberg.com Nov. 15 (Bloomberg) -- Toyota Motor Corp., Fiat SpA and PSA Peugeot Citroen last month led the first gain in European car sales since May as they benefited from new models and offered discounts to customers. EMERGING MARKETS ANALYSIS: Marchionne wants Fiat’s global woes fixed just-auto Fiat’s presence in growth markets such as China and Russia has been “an area of neglect”, the group’s CEO has admitted. But now he’s started to fix the problems, reports Mark Bursa. European Auto Sales Rebound Sharply In October Logistics Management BRUSSELS, Belgium (AP) - Fiat SpA, Toyota Motor Corp. and Nissan Motor Co. saw the biggest gains as sales of new cars in Europe rose in October after four months of decline, the manufacturers' association ACEA said Wednesday. ITALY: Fiat chief makes ambitious plans just-auto Fiat chief executive Sergio Marchionne on Thursday outlined ambitious four-year goals that, by the end of 2010, will see the launch of 23 new vehicles and a sales boost from 2m vehicles to 2.8m a year, for an 11% market share in Western Europe, up from the current 7.6%. Fiat boss comes for a test drive News Interactive FIAT passenger cars returned to Australia this year after a 16-year absence, and the brand's president, Luca De Meo, is visiting Australia this week to talk to dealers and get a feel for our market. Wonder Auto Technology, Inc. Reports Record Third Quarter 2006 Results The Auto Channel JINZHOU CITY, China, Nov. 14, 2006; Wonder Auto Technology, Inc., (BULLETIN BOARD: WATG) (''Wonder Auto'' or ''the Company''), a China-based manufacturer of automotive electrical parts, today announced its financial results for the third quarter 2006. The Company's business is focused on designing, developing, manufacturing and selling automotive electrical parts, specifically, starters and Fiat Auto raises 2006 profit goal Reuters via Yahoo! News Italian industrial group Fiat laid out ambitious growth and profit targets for its core Fiat Auto business on Thursday, mapping out a plan to extend the division's earnings rebound through 2010.
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