Watching your capitalization shed half of its value is never a very good factor – even far more so if your organization is in the middle of a critical restructure. But that’s specifically what has happened to Fiat S.p.A., and investors are worried, given the weak European market and the troubles that the U.S. is currently facing.
Nevertheless, the automaker's CEO, Sergio Marchionne, remains optimistic that, in spite of the stock’s poor performance, profit and sales target for 2011 will
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