"Fiat S.p.A." Registered Office: via Nizza 250, Turin Share capital ...
"Fiat S.p.A." Registered Office: via Nizza 250, Turin Share capital ...
"Fiat S.p.A." Registered Office: via Nizza 250, Turin Share capital ...
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the Company had started production of the Viaggio<br />
at the Changsha plant, through 50/50 joint venture<br />
with the Chinese Group GAC, GUANGZHOU AUTOMOTIVE<br />
CORPORATION, and the total number of new vehicle<br />
registrations in China in 2012 for FIAT-CHRYSLER<br />
Group was 57,000 units, an increase of 45% com-<br />
pared to 2011;<br />
the strategy for developing the Company’s presence<br />
in the Chinese market is totally connected with<br />
development of the JEEP brand, at least in the me-<br />
dium term;<br />
- to Corrado RADAELLI (shareholder) he responded<br />
that:<br />
the losses of TEKSID Aluminum were due to the fall<br />
in volumes for the European market, the effect of<br />
which had been in part compensated with an aggres-<br />
sive cost management strategy;<br />
the Company fully understands TEKSID’s enormous<br />
contribution to the industrial activity of FIAT<br />
INDUSTRIAL as well and has taken commitments to<br />
guarantee production of FPT engines, which histor-<br />
ically, formed an integral part of the much more<br />
complex business of FIAT Group;<br />
Mr. TARANTINI is trying to correct the losses, a<br />
business in which he has a great deal of experi-<br />
36