Fiat Targets Doubling Profit by 2018 With Upscale Model Push

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Fiat SpA laid out plans for 55 billion euros ($76.6 billion) in investments to transform Alfa Romeo, Maserati and Jeep into global brands and more than double profit in the next five years.

The Italian automaker today forecast 2018 earnings before interest and taxes within a range of 8.7 billion euros to