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Fiat Chrysler to hold Brazil market share in 2014 -CEO
January 29, 2014 / 4:20 PM / 4 years ago

Fiat Chrysler to hold Brazil market share in 2014 -CEO

MILAN, Jan 29 (Reuters) - Fiat Chrysler Automobiles expects to hold its market share in Brazil in 2014, which it expects to be a year of transition, Chief Executive Sergio Marchionne said on Wednesday.

“We will hold our position in 2014,” Marchionne told analysts in a conference call following the release of fourth-quarter earnings. He added that with the opening of a new plant in 2015 he expected the company to produce models that better match market demand.

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