Italy: Fiat considers second plant closure

Fiat SpA is considering closing a second manufacturing facility in Italy. The OEM closed one in Sicily in 2011. The company's Chief Executive Officer Sergio Marchionne said the company will resort to a plant closure if it cannot come up with an economically viable means to address the issue of overcapacity. Subscribe to Automotive World … Continued

• By Webmaster
• July 5, 2012