UPDATE 1-Fiat working on new industrial plan for Italy -unions

Newswire

ROME, Oct 16 (Reuters) - Italian carmaker Fiat Chief Executive Sergio Marchionne will announce a new, scaled-back investment plan for Italy on Oct. 30, along with third-quarter results and new financial targets, union leaders said on Tuesday. The combined Fiat-Chrysler group, which now makes more than two thirds of its profits in the United States, has put on hold a five-year, 16 billion euros ($21 billion) investment plan for Italy dating from 2010. ...

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