It would seem that the situation for Fiat in Europe is dire. A report from Automotive News Europe states that the Italian carmaker will stop production at its Pomigliano plant in Italy for two weeks in September and October. The cause: weak car demand.
The workers of the troubled factory, where the Panda is made, will be placed on a temporary layoff scheme from September 24 to 28 and from October 1 to 5. This comes after the factory’s extension of the summer break by two weeks.
This is not a shocker. On July 3, Fiat and Chrysler CEO Sergio Marchionne said that Fiat would shut a plant unless the carmaker could find an economically feasible way to use the factory to build for North America. While Fiat is bleeding in Europe, the Italian carmaker has found profits in North America.
The Poligliano factory is the second plant to be shut down after Fiat pulled the plug off a factory on the island of Sicily in 2011.
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hurm…
“Fix It Again Tomorrow” seems to losing tremendous sales figure and shirking its operations and productions as the result..
guess liquidize its subsidiary(s) would help the mother co to ease down its finance..
another action might be “suka-rela your fired scheme” to its personnel..