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lveco sales boost

8th June 1989, Page 14
8th June 1989
Page 14
Page 14, 8th June 1989 — lveco sales boost
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Which of the following most accurately describes the problem?

• Iveco increased its sales by 10% in 1988 to 129,300 units. In the UK, sales were up by 21% to 16,637 but in Germany they fell 6%.

Iveco's parent Fiat has recorded net profits of 21.3 billion and plans to spend up to ,437.5 million on its own shares to boost their value.