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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. It’s time to log … Continued

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.

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