DETROIT – Fiat SpA plans to undertake another restructuring of its operations as a result of a continuing global economic slowdown, company officials say. Additionally, Fiat announces that Roberto Testore, Fiat Auto’s chief executive, is resigning from his post effective immediately. Giancarlo Boschetti, chief executive of Fiat’s Iveco truck unit, will succeed Testore. “We regret Roberto Testore’s decision to leave the Fiat Group,” says Fiat Chief Executive Paolo Cantarella. The latest ...
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