Automakers credit the uptick in profitability to restructuring efforts and the government’s ongoing scrappage program providing subsidies for new-vehicle purchases while retiring less-efficient vehicles.
At the core of CNH Industrial’s reorganization is the Iveco plant in Brescia, Italy, which assembles Eurocargo medium trucks. Sagging sales have left the facility with a surplus of workers to be assigned to the Suzzara, Italy, plant gaining Daily LCV work.
Facing sanctions in addition to the dealers is a market-research firm that used secret shoppers to solicit offers from individual dealerships, then report back to the cartel to determine whether members were upholding the price-fixing agreements.
Sales jumped 30.4% from 2012 to 2014 under Luca Napolitano as the Fiat subsidiary’s Fiat, Fiat Professional, Lancia, Jeep and Alfa Romeo brands registered more than 36,000 units and outperformed the market an average 12%.
The Almussafes facility is the exclusive assembler of the new Ford Mondeo and Mondeo hybrid, as well as the Kuga, Transit Connect and Tourneo Connect for Europe. Exclusive production of new S-Max and Galaxy models will be added this year.
Peugeot was the most popular brand in Europe last year, when sales climbed 8.1% to 952,000 units. Citroen deliveries grew 7.2% to 689,000. The Citroen total includes 85,900 units of the newly launched DS brand of premium vehicles.
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