June 27, 2008  From http://english.autoinfo.gov.cn

(June 27)--Shares in Italian automaker Fiat fell more than 6 percent today, underperforming a weak European auto sector. 
     
Speculation on the stock came as the whole sector was lower on concern of a strong euro and weak U.S. demand, traders said. 
     
By 10:17 CET shares in Fiat lost 6.12 percent at 10.86 euro, after hitting a new low in nearly two years at 10.84 euros. The DJ Stoxx index of European automakers lost 2.98 percent. 
     
"Nobody wants to buy. Speculation is also weighing down the stock," a trader in Milan said.

(Editor: Haijing Qu)