Chrysler 2008 Annual Report Download - page 17

Shareholders
Financial communication
Fiat maintains a constant dialogue with individual shareholders,
institutional investors and financial analysts through its Investor
Relations function, which actively provides information to the
market to consolidate and enhance confidence and level of
understanding of the Group and its businesses.
Throughout the year, the Investor Relations team also
communicates with the financial community through
conference calls or public presentations which are held to
present quarterly results or other events that require direct
communication to the market.
Moreover, the IR programme includes seminars, industry
conferences and non-deal roadshows in major financial
centres, providing the opportunity for direct contact with the
Group’s top management and to gain a deeper understanding
of the Group’s strategy and performance.
More and updated information is available on the Group’s
website (www.fiatgroup.com) relaunched this year. The Investor
Relations section provides historical financial data and
highlights, investor presentations, quarterly publications,
official communications and real time trading information on
Fiat shares.
Shareholders can also contact the company at the following:
For holders of Fiat shares:
Toll-free number in Italy:
800-804027
E-mail:
[email protected]
investor[email protected]
For holders of ADRs:
Toll-free number in the USA
and Canada: 1-800 749 1873
Outside the USA and Canada:
[phone]
Website: www.adr.db.com
From the perspective of the capital markets, 2008 will be remembered as one of the worst, if not the worst, years on record. The
increasing rate of defaults in the U.S. sub-prime mortgage sector, already apparent in the second half of 2007, worsened during the
year, precipitating a global liquidity crisis and price corrections on assets previously considered secure investments. This
irrevocably compromised the solidity of some of the largest financial institutions which, in several cases, were taken over by other
banks or rescued through state aid and/or nationalization. Despite repeated interventions through bailouts and monetary policy
(first in the U.S., then in Europe and other countries around the world) the situation continued to deteriorate in the fourth quarter
and the crisis in international financial markets deepened, with the worst performance seen for global equity indices since the
second world war. In short, all of the major global indexes recorded negative performance: the Dow Jones lost 34%, the Nikkei
recorded a 42% decrease, and some of the largest declines in Europe included Madrid (-39%), London (-31%) and Paris (-43%). The
Italian stock market closed the year down by 49% and the S&P Mib40 was down 50%.
The automotive sector was heavily penalised and the leading automakers saw their market capitalisations fall significantly,
dragged down by a drastic contraction in demand in the second half. Fiat's share price fell 74% during the year: a performance
which was in line with its principal competitors.
16 Report on Operations Shareholders
FIAT ORDINARY SHARES – 01/01/2007 to 31/12/2008
performance relative to Mibtel and Eurostoxx indexes (rebased to 100 at 01/01/07)
and average monthly trading volume
200
150
100
50
Mibtel
Fiat DJ Eurostoxx Automotive
millions of shares
Jan
07
Feb
07
Mar
07
Apr
07
May
07
Jun
07
Jul
07
Aug
07
Set
07
Oct
07
Nov
07
Dec
07
Jan
08
Feb
08
Mar
08
Apr
08
May
08
Jun
08
Jul
08
Aug
08
Set
08
Oct
08
Nov
08
Dec
08