Fiat Hints They Could Move ALL Operations To US Due To Union Issues
Speaking at an industry conference in San Francisco, the chief executive suggested the Italian firm might relocate its historic headquarters away from his city to the US.
“In the next two or three years, we could be looking at one entity. It could be based here. [We are looking at] alternatives and scenarios. First we need to integrate them [Chrysler and Fiat] operationally and then look at governance.”
This sparked outrage in Italy, where Marchionne is pushing through a contested labour deal as part of a project to invest 20 billion euros ($27.18 billion) to boost productivity at its loss-making Italian car plants.
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uaw_lax -
2/7/2011 1:32:29 PM
+1 Boost
old news- wont happen
holmstar -
2/7/2011 2:29:05 PM
+1 Boost
Probably not. It looks like he's just using it a leverage against the unions. It would be interesting though.
Agent009 -
2/7/2011 2:42:33 PM
0 Boost
But if they do, we now have a history of build auto without the union. It could be possible to move here and be practically UAW free.
A wet dream for any automaker and more than enough incentive for any company.
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