NEW YORK (TheStreet) -- Shares of Fiat Spa (FIATY) are higher by 4.15% to $10.54 as CEO Sergio Marchionne said the ambitious targets in Fiat Chrysler Automobiles' five-year plan presented earlier this month are achievable, the Wall Street Journal reports.

"I wouldn't have put them down if they weren't achievable," Marchionne said.

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