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A Fiat spokesperson said on the 29th that Fiat will implement a layoff plan for workers in the plant in Pomiliano. The layoffs will be from September 24th to 28th and October 1st to 5th.
The CEO of Fiat Sergio Marchionne had promised to update the market for his investment plan on October 30th, which caused the union’s concern and doubted that Fiat was prepared to delay its investment plan and even shut down the factory.
Although Fiat's Chrysler business in the United States is profitable, it is at a loss in the European market as is most other mass market makers.
Fiat to temporarily close the plant in Pomiliano, Italy in September
According to Reuters, Fiat Auto stated on August 29 that due to weak market demand, the Pomigliano plant will stop production for two weeks.