Under its restructuring scheme, Fiat S.p.A. plans to increase output in Italy to about 40% to 900,000 units annually, la Repubblica newspaper reports. La Repubblica cited speculation in Turin, Fiat’s hometown, for the report. Fiat, which owns 20% of Chrysler, plans to present the plan to unions within the next two weeks. Continued after the jump!

Fiat wants to increase productivity at its six Italian plants, which are trailing Fiat factories in Brazil and Poland.

Under the program, Fiat will raise its yearly domestic production from 600,000-650,000 units.

Fiat, Italy’s biggest manufacturer, is preparing to present its Italian plans to the government next month.

According to the plan, Fiat will be closing its plant at Termini Imerese in Sicily.

This actually doesn’t come as a surprise since CEO Sergio Marchionne has previously revealed its plan to close the factory in 2011 and transfer the production of its Y model to Poland.

[via autonews]

Tags: car news, Fiat, fiat italian output boost, fiat news

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