Fiat SpA, the Italian carmaker with a majority stake in Chrysler Group LLC, raised its full-year earnings targets after consolidating the American automaker into its earnings.
Fiat forecasts 2011 earnings before interest, tax and one- time items, which Fiat calls trading profit, of about 2.1 billion euros ($3 billion) and revenue of more than 58 billion euros, the Turin-based company said in a statement. The previous target, which did not include Chrysler, was for trading profit of as much as 1.2 billion euros and 37 billion euros in sales.Vcommindia NewsAutomobiles & Vehicles from All over World,Buy and Search New,Old Vehicles
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