TURIN, April 8 Fiat Industrial Chairman
Sergio Marchionne said on Monday that the truck and tractor
maker will update its 2013 targets when it releases first
quarter results on April 30.
"We will update our targets when we release first quarter
results," Marchionne said at the company's annual shareholders'
He confirmed Fiat Industrial's full year 2013 targets of net
debt at between 1.1 billion euros and 1.4 billion euros, and a
trading margin of between 8.3 percent and 8.5 percent of sales.
He also confirmed that Fiat Industrial plans to complete its
merger with its U.S. unit CNH during the third quarter.