Halloween in Turin

23 October 2002 By Rob Cox

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Halloween in Turin

23 October 2002 By Rob Cox, Rob Cox, Rob Cox, Rob Cox

With Fiat Auto burning cash and asset sales subject to big haircuts, it’s hard to see Fiat cutting debt to E3.6bn. But don’t expect Fiat s banks to jump in yet. Nothing scares them more than the prospect of a distressed breakup.

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