Fiat Chrysler Ceo says group to achieve 2014 targets

VENICE, Italy, June 13 Fri Jun 13, 2014 9:21am EDT

VENICE, Italy, June 13 (Reuters) - Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said on Friday the group would meet its 2014 targets even though he warned things for the car maket would remain "difficult" in Brazil until elections there later this year.

"At the group level, we'll achieve them," Marchionne told reporters on the sidelines of an event in Venice.

Asked about the situation in Brazil, he said: "We expected it to be a difficult year, we see a difficult year until the elections."

(Reporting by Danilo Masoni; Editing by Lisa Jucca)


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.