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Fiat-Chrysler sees 2014 capex at about 8 bln euros -CFO
January 29, 2014 / 3:40 PM / in 4 years

Fiat-Chrysler sees 2014 capex at about 8 bln euros -CFO

MILAN, Jan 29 (Reuters) - Fiat Chrysler Automobiles expects capital expenditure for this year at around 8 billion euros ($10.93 billion), its chief financial officer said on Wednesday.

“We are looking at capex for full year 2014 of around 8 billion euros, about half a billion higher than we had in 2013,” Richard Palmer, CFO of both Fiat and Chrysler, told analysts during a presentation following the release of fourth-quarter earnings.

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