Fiat-Chrysler to be able to produce over 6 mln cars/yr by 2018-CEO

TURIN, Italy, March 31 Mon Mar 31, 2014 8:56am EDT

TURIN, Italy, March 31 (Reuters) - Fiat-Chrysler will be able to produce more than six million cars a year by 2018, the chief executive of the Italian-U.S. car maker said on Monday.

"Within 2018, Fiat will be capable of making more than six million vehicles (per year)," Sergio Marchionne told journalists after a shareholder meeting in Turin.

Marchionne also said Fiat would not spin-off its stake in Italian publisher RCS Mediagroup ahead of a planned listing on Wall Street.

"We've no plans to spin-off the RCS stake before listing," Marchionne said.

With a stake of 20.6 percent, Fiat is the top shareholder in RCS, publisher of leading Italian daily Corriere della Sera. (Reporting by Agnieszka Flak, editing by Valentina Za)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.