THE FIAT GROUP IN

Lancia Thesis.
The net loss for the year totaled 1,442 million euros,
compared with a net loss of 599 million euros in 2000.
The Sector’s interest in the net loss amounted to 1,418
million euros (loss of 589 million euros in 2000). This negative
performance reflects in part an increase in extraordinary
charges, which included 485 million euros for provisions
Innovative product content and styling, sophisticated
manufacturing solutions, and the positive impact of the
industrial alliance with General Motors are the strong points
that the Sector is leveraging to enhance its competitive position.
Fiat Auto is also pursuing, with unflagging determination, the
development of a comprehensive portfolio of services, ranging
from the financing of vehicle purchases to the creation of
customized products and cutting-edge infomobility services.
A belief in globalization is what drives Fiat Auto’s growth strategy.
The Sector remains committed to strengthening its presence in those
emerging markets that will provide the most rapid rise in demand
over both the medium and long term, while carefully managing
a wide range of projects in order to minimize risk exposure.
booked to cover restructuring programs and asset writedowns
related to the downsizing of manufacturing operations in
Europe and Argentina.
Cash flow was negative by 292 million euros (positive cash flow
of 732 million euros in 2000) after depreciation and amortization
of 1,150 million euros (1,331 million euros in 2000).
Fiat Auto worldwide
Rest Rest of
Italy of Europe the world Total
Production facilities 8 1 3 12
R&D centers 10 – 1 11
Dealers 590 1,643 1,001 3,234
Report on Operations – Fiat Auto Holdings
47