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"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

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