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Morgan Stanley downgrades Porsche and Fiat, upgrades Renault

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Default Morgan Stanley downgrades Porsche and Fiat, upgrades Renault - 12-13-2008 , 01:14 AM






The European auto industry can expect to take a EUR72 billion hit over the next two years, according to Morgan Stanley. Underperformers will include Porsche and Fiat, but Renault may do better than its competitors.
Read More: http://www.worldcarfans.com/9081211.003/morgan-stanley-downgrades-porsche-and-fiat-upgrades-renault

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