Even though Fiat CEO Sergio Marchionne has repeatedly said he won't pick up, leave Italy and take his Fiat factories with him, his occasional pointed comments about the challenges of running operations in that country has worried Italian politicians dealing with government, economic and labor-force seizures the past few years. After Fiat Industrial announced it was moving its headquarters to London and it was rumored that the car division's HQ would move to Auburn Hills, MI after the merger with Chrysler, it was worried that more Italian jobs would disappear.

Industry Ministry Flavio Zanonato sought assurances from both Marchionne and Fiat chairman John Elkann that they would "commit to the country," and it appears those assurances have been given. Unemployment in Italy is at 20-year-highs and car sales are at 20-year-lows, but Marchionne said "We have confirmed our commitments for Italy" and the company will hold steady on employment. The nation and the corporation said they would work together to "relaunch Italy's car market," although it's not clear what either of them will be able to do beyond wait it out. At the very least, Fiat's stance means there's one less ball the country's politicians have to juggle.


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      Bill Burke
      • 1 Year Ago
      Chrysler is about maxed out on production capacity as their cars are selling exceptionally well. It is obvious that they are moving their assets around to make room for the host of new or replacement vehicles in the near term pipeline. For example, the Dodge Journey, which is adopting a version of the Dart platform, will move production out of Mexico. With replacements for the Avenger, Chrysler 200, Jeep Compass and Patriot, as well as a Chrysler crossover and the Dodge minivan and a couple of Ram vans all months away, they need capacity badly. It is logical and necessary that some of that additional capacity needed to be shifted to Italy and outher European factories to keep up with the Chrysler boom. Sure jobs are staying in Italy but they will be building a small Jeep and Maseati' destined for the states, People just can't get enough Chryslers, Dodges and Jeeps.
      Jarda
      • 1 Year Ago
      kudos to this guy for trying, as i said before Italian work-force is quite expensive, so if he manages to pull it off then hats-off from me
      r35 gtr
      • 1 Year Ago
      Sweet are the fruits of adversity
      • 1 Year Ago
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      • 1 Year Ago
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