By on May 31, 2013

Fiat group workers during a rally in Turin

Fiat’s top men promised that they will not cut jobs in Italy, despite Italian sales levels at 40 year lows. Fiat CEO Sergio Marchionne and Chairman John Elkann met Italy’s newly-appointed minister Flavio Zanonato, and delivered “assurances that Fiat intends to maintain employment,” Reuters says.

According to the wire, Fiat and Zanonato pledged to work together to relaunch Italy’s recession-hit car market, and stressed the importance of the group’s Italian manufacturing base as part of its brand image.

Italian car sales fell nearly 20 percent last year and are seen falling 5 percent more this year to about 1.3 million vehicles. Fiat wants to build Jeeps and a new line of Alfa Romeos in Italy, for export to markets in Asia, Latin America and the U.S.

Get the latest TTAC e-Newsletter!

4 Comments on “Despite Overcapacity, Fiat Jobs Are Secured In Italy...”

  • avatar

    So for the time being they’re going to keep building cars and then what? Push them into the Adreatic?

  • avatar

    The UAW would do well to have more colorful banners.

  • avatar

    Its okay, Chrysler will support them.

    Oh my, when is the last time someone said that statement???

  • avatar

    Chrysler will continue to support Fiat only if it has a successful replacement for the midsized 200/Avenger and can keep updating the truck line to compete with Ford trucks and GM’s new models. A full size Dodge sedan would also be helpful too. Fiat has the problem of trying to finance new Fiat models with the same money needed to keep the American cash cow models fresh.

Back to TopLeave a Reply

You must be logged in to post a comment.

Subscribe without commenting

Recent Comments

  • Re: 2015 Mazda2 Revealed

    Wheatridger - Just an aero-looking styling indicator, I’d suspect. If you look at a raindrop or a fish, nature’s perfect aero forms, a blunt front is permissible as long...
  • Re: Chart Of The Day: Crossovers Are King

    Pch101 - Irrespective of whether CUVs are brilliant or awful, and practical or useless, it should be obvious from the sales volumes and trends that people actually...
  • Re: Chart Of The Day: Crossovers Are King

    Marcelo de Vasconcellos - That’s why I said in the US, the fact that there are CUVs of various sizes, it actually can make more sense than a US-sized minivan,...
  • Re: Confession Time: I Want A Smart Forfour

    iganpo - A Smart with the right drivetrain could be nice. zHJo3IXM
  • Re: Toyota May Kill V6 Camry

    Lorenzo - You’re not as logical as you think. I was driving blue sedans in the ’60s and I’m not even eligible for Medicare yet. There are over 80 million adults,...
  • Re: 2015 Mazda2 Revealed

    Marcelo de Vasconcellos - And know how to actually drive. Less hp is actually fun this way, if you do it right, you keep speed and follow along or overtake easily. If you depend on a...
  • Re: Chart Of The Day: Crossovers Are King

    Signal11 - I will definitely grant you that there is a stigma associated with minivans in many countries. That said, for small families with just one child (only...
  • Re: 2015 Mazda2 Revealed

    ...m... - …with the manual gearbox, one hundred horsepower is honestly plenty for street driving in a 2300-pound car; more than enough to pull through traffic with ease if...
  • Re: 2015 Mazda2 Revealed

    ...m... - …we fit four large adult males in mine perfectly comfortably; its packaging is fine for jaunts about town and road trips, both…
  • Re: 2015 Mazda2 Revealed

    ...m... - …i paid just about twenty for mine, fully-optioned with a complete array of dealer-installed OEM accessories; this one will likely be priced similarly…if you...

New Car Research

Get a Free Dealer Quote


  • Authors

  • Brendan McAleer, Canada
  • Marcelo De Vasconcellos, Brazil
  • Matthias Gasnier, Australia
  • Tycho de Feyter, China
  • W. Christian 'Mental' Ward, Abu Dhabi
  • Mark Stevenson, Canada
  • Faisal Ali Khan, India