Fiat's Profits Fall 70% In 4th Quarter

Italian auto maker Fiat today reported a 69.8% drop in fourth quarter profit on a slump in demand for its cars from the economic slowdown in its key western European and south American markets.

Net profit for the last three months of last year was 180 million euros ($232.38 million) down from 597 million euros in the same period of 2007.

Full year profit was down 16.2% from 2.05 billion euros to 1.72 billion euros, Fiat Group said in a statement.

The results sent Fiat shares plummeting, just two days after they were pushed up by the announcement of a planned strategic alliance with U.S. automaker Chrysler LLC.


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david999 - 1/22/2009 2:07:21 PM

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Who cares what you think Chick37, you don't even have a drivers license.

BigShow50 - 1/22/2009 12:15:18 PM

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Aaahhhh here's Chunkyg37 with his nickle and dime comments again!!!...LMAO!!!...Gotta love this kids hate, cause it shows how insecure you really are about Toyota/Lexus' true success. It's okay ChunkyG...it is tough sometimes to say "Damn!...Toyota is sooo amazing!"...but you don't have to...we already know!...LMAO!!!!

Kthorn - 1/22/2009 12:39:52 PM

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ChuckG37, the only true waste of bandwidth. Chuck goes about autospies spewing his hatred for Toyota as a coping mechanism, the real question is... What is chuck compensating for? Care to hazard a guess? Here's mine... Chuck has a three inch cock, and drives a G20 because objects in the mirror appear to be larger than they actually are.

Kthorn - 1/22/2009 1:20:48 PM

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It must suck to have your hand slip off before you can even get started. Something tells me in high school chuck was voted "most likely to break his back trying to suck his own cock". And anybody that knows me knows that I rarely make a habit of personal attacks, but chuck just seems to invite it.

david999 - 1/22/2009 2:07:39 PM

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Who cares what you think Chick37, you don't even have a drivers license.

Kthorn - 1/22/2009 1:47:51 PM

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BSBB my fellow moron, it seems chucks temper is as short as his penis. chuck, I don't know about BSBB, but I for one dare you to send a virus through autospies.com Ooooooo, I'm shakin in me boots!

Kthorn - 1/22/2009 3:39:52 PM

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BSBB, MFM (my fellow moron) So the "virus" he speaks of could actually be something "growing" in his parents microwave. Hmmmm, I have a VCR that is flashing 12:00, do you suppose Chucky is qualified to program that?

XYZZ - 1/24/2009 6:29:02 AM

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LOL!!! i love the way this thread is going. FAR MORE INTEREST in chucky's small and further shrinking penis than fiat's falling profits! LMAO!