FastSaying

While 2006 earnings targets appear achievable, we are concerned with the projected sustainability of volume and margins at the core Auto division. Fiat is not alone in lowering costs within its industrial base. Rival volume makers such as VW, Renault, Peugeot-Citroen, GM and Ford will also make significant restructuring improvements. In addition, Japanese and Korean market share gains are set to accelerate, putting manufacturers like Fiat on the hot seat.

Related Quotes

While we are pleased with meeting our earnings targets for the quarter, we are even more pleased with the company's operating cash flow performance, with continuing operations $600 million ahead of plan for the first half of the year.
— Daniel P. Burnham
EarningsMeetingPleased
The cable companies are concerned about their profit margins.
— Chris Carroll
CableCompaniesConcerned
It is a year for modest economic growth and therefore modest earnings growth.
— Charles Stanley
EarningsEconomicGrowth
That's making the 60 cents (a share earnings) look a lot softer. We're not too concerned about it. But if you want to call this a hit, it's not the best hit we've ever seen.
— Ed Groshans
CentsConcernedEarnings
It's not a great quarter from an earnings standpoint, but relative to the volume adjustment, we think not a bad one.
— John Devine
AdjustmentEarningsNot