Industryweek 2564 Capture
Industryweek 2564 Capture
Industryweek 2564 Capture
Industryweek 2564 Capture
Industryweek 2564 Capture

Fiat to Temporarily Suspend Production at Italy Plant

July 18, 2012
Fiat blamed the closure on 'the crisis in the European and particularly the Italian automobile market', which it said had shrunk 6.3% and 19.7% respectively in the first half of the year.

In response to slumping European car sales, Fiat (IW 1000/81) will temporarily suspend production at one of its Italian plants between August 20 and 31, the company said Wednesday.

"The situation requires us to reduce production to avoid a useless and costly accumulation of vehicles," said a statement from the group, which includes the Lancia, Alfa Romeo, Chrysler, Jeep and Dodge brands.

The affected plant in the southern city of Pomigliano will have two extra work weeks tacked on at the end of its normal summer break from July 23 to August 17, and "the situation will remain under observation for the coming months", the group said.

Fiat blamed the closure on "the crisis in the European and particularly the Italian automobile market", which it said had shrunk 6.3% and 19.7% respectively in the first half of the year.

The head of the company, Sergio Marchionne, had said earlier this month that Fiat would be forced to permanently close one of its Italian plants if the European market continued to slump.

The announcement on the Pomigliano plant came as workers at another factory in the southern city of Cassino were on strike to protest the possible closure.

New-car sales in Italy fell 24.4% in June from the same period last year, the ninth consecutive monthly drop, according to transport ministry figures.

Copyright Agence France-Presse, 2012

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!