Fiat could close two auto industries in Italy

Fiat may have to close two of its five auto industries in Italy giving the weak demand in Europe and whether the plans to export to U.S. market not materialize, according to CEO of Fiat Group, Sergio Marchionne.

Fiat could close two plants in Italy

Chrysler factories in the United States are already working at full capacity and plants in Mexico, Canada or Europe are needed to fill a third of U.S. demand, and therefore the Torino factory should take advantage of a car market in recovery to revive the U.S. industry. Meanwhile, the European scene remains one of the main problems of the industry due to its very poor numbers.

 

Marchionne and Fiat declined to name the two plants in danger of closing. Fiat produced in Mirafiori, Turin and Cassino (Central Italy) more than 400 000 units a year, but much of this figure comes from the factory Marchione, which has a very rich history of attempts to revive and position the brand Alfa Romeo. Now if Alfa does not cove on the American market, this would be a disappearance of the mark or at least the temporary closure of supplies and services.

In a gamble, Marchionne plans to export cars to the U.S. Alfa in yet another attempt to seize the good standing of the drivers. We earnestly hope that everything flows well, but the numbers and the economic situation indicates that the export figures are not very high.