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Fiat went on profit

The Italian auto giant Fiat managed to come out of profits in the second quarter. With a major contribution to this high demand for trucks and tractors. Fiat's profit for the quarter was EUR 90 million after last year was reported loss of 168 million. Profit before taxes, interest and lump-effects, which the company defines as business profits nearly doubled from 359 to 651 million. Prior expectations were that this indicator will be 359 million euros. During the quarter the company has managed to neutralize the negative effects of declining demand for cars in Europe since the end of the "cash for old cars, due to increased demand for Iveco trucks and tractors, New Holland. By the end of the year is expected to split the Fiat car business from the production of trucks and tractors. They will be separated into a company called Fiat Industrial. Current shareholders will receive one share of each new company, currently owned by Fiat.
Subsequently, the expected listing on Milan Stock Exchange, which must also be the end of the year.