Fiat to spend 20 billion euros to revamp its Italian plants
Fiat S.p.A. has made a pledge to spend 20 billion euros ($27 billion) to revamp domestic plants. CEO Sergio Marchionne confirmed this after coming out from a meeting with Italy’s Prime... Read more
Fiat seeks to boost productivity of Italian plants and avoid investments delay
Despite the dispute with the trade unions in Italy, Fiat S.p.A. still aims to strengthen its home-country roots and doesn’t seek to delay investments, according to CEO Sergio Marchionne.... Read more
Fiat CEO says performance would be better without Italy
If Fiat S.p.A. didn’t have its money-losing Italian plants, it would have a better performance, according to CEO Sergio Marchionne. Italian news agency ANSA said that Marchionne told the... Read more
Fiat’s decision to shut all of its Italian plants have led to protests
Fiat S.p.A.'s intention to close all its plants in Italy for two weeks and to maybe shut down its Sicily car production factory have led to protests and calls to boycott the carmaker's... Read more
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