Fiat workers continued voting on whether to accept more shifts and fewer benefits

Article by Christian Andrei, on January 16, 2011

Workers for Fiat S.p.A. voted on Friday on whether to accept fewer benefits and more shifts at the company's Mirafiori plant, in a labor deal deemed crucial to reviving the Italian carmaker's fortunes at home. If they accept the deal, Fiat will invest EUR1 billion ($1.3 billion) in the loss-making plant to build new, high-end Chrysler and Alfa Romeo models.

CEO Sergio Marchionne, who engineered Fiat's 25 percent stake in Chrysler, has said he will invest the cash abroad if workers reject the new contract.

He asked those opposing the changes to back down, saying there would be no second vote and reiterating that he had a "plan B" involving other Fiat plants worldwide.

The Fiat deal stands for a new approach to labor relations, breaking away from a tradition of national contracts.

A symbol of Italian industry, Mirafiori, which makes the Punto model, is Fiat's oldest plant. In an interview published in Belgian business daily De Tijd, Marchionne said that in the Miafiori plant in Turin, there is a minority with "a very big mouth" and it does not work like that in a modern factory. [via autonews - sub. required]

Topics: fiat, italy

If you liked the article, share on:


Login or Create new account to add a comment!


Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016
Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016