Fiat reports increased revenue over first quarter

Mon, 28 Apr 2008
Italian automobile manufacturer Fiat has announced increased revenue over the first quarter of the year.

According to the firm, its profits grew by almost ten per cent over the three-month period, delivering 563,600 vehicles.

The company experienced high levels of growth in Brazil, where there was a 35 per cent rise in vehicles sold, while 27 per cent and 15 per cent increases were recorded in France and Germany.

It also stated that the Fiat 500 and Fiat Panda performed well, as did the Fiat Punto.

"Fiat Group revenues rose nearly ten per cent to €15 billion (£11.7 billion), with all businesses contributing to the increase, despite the uneven trading conditions in some key regions," the company announced.

Cars, trucks, buses and vans, as well as agricultural equipment, is produced by Fiat.

The company is based in Turin and was originally established in 1899.ADNFCR-1081-ID-18570646-ADNFCR


Add a comment


Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93


60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.

CarFinance 247 Limited is acting as an independent credit broker