Fitch revises Fiat's outlook from negative to stable
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Fitch revises Fiat's outlook from negative to stable

Fitch revises Fiat's outlook from negative to stable

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(AGI) Rome, Sept 11 - The international rating agency Fitch hasraised Fiat's outlook from negative to stable and confirmed thelong-term rating of BB-. "The rating action is based on ouropinion that Fiat's ratings should increasingly reflect thegroup's consolidated credit profile, including Chrysler, in the'BB' rating category rather than Fiat's standalone creditmetrics only", Fitch stated. "In addition, we believe that thegroup's business profile has strengthened, due to the increasedintegration of Chrysler into Fiat". (AGI) . .
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