Fiat Auto’s problems are boiling over and drastic measures are required. The Italian government has granted the company “crisis status,” paving the way for the layoff of 8,100 workers, who now will be entitled to supplementary unemployment benefits. The first wave of 5,600 Fiat employees throughout Italy already has been cut. Additionally Fiat Auto CEO Gabriele Galateri, appointed in June, has left the company and reports indicate Paolo Fresco, chairman of parent company Fiat SpA, ...
Premium Content (PAID Subscription Required)
"GM Should Let Fiat Find Its Own Way" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.