Fiat has announced increased revenues for the third quarter of 2012.
The carmaker revealed a 16 per cent rise due to strong year-over-year volume growth in most regions, which more than offset declines seen in Europe, the Middle East and Africa.
It was shown that trading profit for the quarter stood at €951 million (£766 million), which was markedly higher than the €851 million recorded for the corresponding three-month period in 2011.
Worldwide shipments for mass-market car brands climbed to more than one million units for the quarter – 11 per cent more than the same timeframe the previous year.
The figures suggest motorists around the world are in search of the best Fiat deals and are not being put off purchases in the aftermath of the global economic downturn.
It was also revealed that total available liquidity, which was inclusive of €3 billion in undrawn credit lines, stood at €20 billion for quarter three of 2012.
For the best Fiat deals, head to Cars2buy.
Posted by Emma Grange