Fiat Posts Downbeat Q4 Earnings, Lowers 2014 Outlook
January 29, 2014 at 06:43 AM EST
Italian automaker Fiat (OTC: FIATY ) reported weaker-than-expected fourth-quarter earnings and lowered its 2014 forecast. Fiat's quarterly trading profit came in at 931 million euros ($1.27 billion), versus a restated 887 million euros in the prior year. However, analysts were expecting a profit of 1.15 billion euros. For 2014,
