Italy's Fiat To Cut Small Car Production

Italian auto maker Fiat said it is cutting a quarter of the workforce at its large plant in Poland that makes it Fiat 500 and a small car for Ford Motor amid shrinking demand for new cars in Europe.

Topics:  poland   ford motor   europe   fiat   cut   small car   
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BING NEWS:
  • Italy's wage cut woes
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  • A washing machine factory tests Italy's industrial future
    Home appliance maker Electrolux, which owns the factory, wants to cut the salaries ... his new government. Fiat CEO Sergio Marchionne has criticized Italy's rigid labor market rules and in 2011 reached a deal with workers at the car marker's main factories ...
    03/8/2014 - 8:22 pm | View Link
  • Fiat Suppliers Turn to VW to Survive Italy’s Crisis
    As orders from Fiat tumbled, the former Alfa Romeo worker was forced to cut 18 of his 68 employees ... of the slowdown in the country, where car sales are poised to drop to their lowest level in 30 years. Small family-owned businesses like Giordano ...
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  • Italy's Fiat nabs Chrysler's ‘good’ assets
    The Italian automaker won't put any money into the deal but will give Chrysler billions worth of small car and engine technology. "We intend to build on Chrysler's culture of innovation and Fiat's complementary ... of its plan to cut costs.
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  • Fiat expansion stirs resentment in Italy's south
    With European car sales down by nearly one-fifth, Volvo has already laid off staff, while Peugeot Citroen expects to post a 2009 loss and even market leader Volkswagen has cut investment. Jonas says Marchionne wants to make Fiat, which lost 48 million ...
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