Fiat sells chunck of unused industrial plant

Newswire

MILAN, July 30 (Reuters) - Italian industrial group Fiat said on Saturday it had agreed to sell some unused areas of its historic Mirafiori plant for 70 million euros, a deal that will allow it to reduce some overcapacity. Through the deal, Fiat is selling around 300,000 square metres of unused industrial areas to local authorities in Turin. Fiat said it would unveil a plan for the destination of the Mirafiori plant on Aug. 3, the day it is due to announce its future product range at a ...

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