Fiat, govt agree development plan, add 1,251 jobs


MILAN, July 23 (Reuters) - Fiat plans to create 1,251 jobs in three Italian car plants as part of a 2003 turnaround plan, with the Industry Ministry contributing about 12 percent of the 1.25 billion euro investment, the ministry said on Friday. The Industry Ministry said in a statement it would contribute 151.8 million euros ($186 million) of the total for the investment plan, which it said was the maximum allowed under European Union rules on state aid to the auto sector. The money will ...

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