Fiat Chrysler Automobiles will meet its 2014 targets even though the Brazilian car market is set to remain difficult and Europe is showing no sign of improvement, Chief Executive Sergio Marchionne said on Friday. This is not a problem," Marchionne told reporters on the sidelines of an event in Venice. Asked about a possible stabilisation of the situation in Brazil, he said: "Fiat will maintain its market share in the ups and downs. A sluggish economy, expiring tax breaks and weak exports have put the brakes on Brazil's car industry, stoking fears of lay-offs in an election year.
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