Fiat could create a new company to run a key factory near Naples

Article by Christian A., on August 26, 2010

Sources say that Fiat has plans to create a new company to operate a key factory near Naples that will soon produce the new generation of the Panda, Europe's best-selling small car. They also said that Fiat will establish the company to run the Pomigliano d'Arco plant in central Italy if workers choose to reject a deal that to revise working practices in order to improve the factory's efficiency.

Fiat has plans to invest 700 million euros in the plant to move Panda production from Tychy in Poland.

This factory has a record of labor unrest and has the worst productivity of all five of the company's Italian plants. This survey also takes into account the slow demand for the Alfa Romeo models it is currently building.

CEO Sergio Marchionne has gotten approval from four of the factory's five unions for a deal that gives the management greater flexibility in the number and type of working shifts as well as limits on strikes and such benefits as sick days.

The deal will be decided by Pomigliano's 5,133 workers who voted last Tuesday. Fiat sources said that if less than 80% of the workers fail to vote for the agreement, then the carmaker could create a new company to run the plant. [via autonews]

If you liked the article, share on:

Topics: fiat

Comments

Recommended

It has been nearly eight years since Toyota entered a new era of sports cars when it officially unveiled the production version of the Toyota 86 – also known as...
by - February 27, 2019
The new Audi TT RS – yes, the top version of the German carmaker’s facelifted TT model series – is now officially here. If you could remember, the range-topping TT...
by - February 18, 2019
Nearly half a year ago when McLaren Automotive unveiled the McLaren 600LT Coupe, the British carmaker is now introducing a version that lets its passengers enjoy the thrill of an...
by - January 25, 2019
German carmaker Volkswagen is now making the latest evolution of the new Volkswagen Golf GTI -- the new Golf GTI TCR. First unveiled as a concept at the annual GTI...
by - January 24, 2019
It has been three and a half years since BMW unveiled the sixth generation of the BMW 7 Series. Thus, it is really about to give the 7 Series a...
by - January 17, 2019