Fiat Says It Will Move Alfa Production Out Of Italy If Unions Don't Get Their Act Together

Fiat Says It Will Move Alfa Production Out Of Italy If Unions Don't Get Their Act Together
Fiat SpA may move production of new Alfa Romeo models outside Italy if the carmaker doesn’t get clear labor rules in its home market.

“The relaunch of Alfa Romeo will continue for sure,” Chief Executive Officer Sergio Marchionne told reporters Tuesday in Turin, where Fiat is based. “Italy should decide if they want it to happen in this environment or not as Fiat and Chrysler have several alternatives.”

Fiat, which controls Chrysler Group LLC, is boosting output of upscale models in Europe, including the $130,000 Maserati Quattroporte and Alfa Romeo sports cars, as it tries to end losses in the region by 2016. Fiat’s European business had a loss of more than 700 million euros ($894 million) last year. Without Chrysler, the Italian carmaker would have posted a loss of more than 1 billion euros last year.



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mini22mini22 - 7/12/2013 11:15:58 AM
+1 Boost
No surprise here. Marchionne is not someone to put of with any union BS.Be fair but be reasonable and he will work with you. Be completely unreasonable and he won't. Italian union Fiom is being unreasonable considering that all the other unions in Italy did sign.Italy needs Fiat. Fiat does not need Italy.


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