TURIN, Italy, April 9 Italian automaker Fiat
will update its 2013 forecasts when it releases first
quarter results on April 29, Chief Executive Sergio Marchionne
said on Tuesday.
"Markets in North America, Asia and Latin America support
our forecasts for 2013, but in Europe there is a significant
level of uncertainty," he said.
Automakers are facing a sustained slump in the European car
market against the backdrop of the euro zone debt crisis and
government austerity measures. European unemployment in February
was at a record high of 12 percent. Italian car sales fell 19.8
percent in 2012, and are set to fall more in 2013.
Fiat, which owns U.S. automaker Chrysler, sees sales at 88
billion-92 billion euros this year, more than half of it from
North America, and expects to sell 4.3-4.5 billion cars.