Fiat's UK-style revival plan faces Italian hurdles

samedi 1 mars 2014

Workers stand as they wait for Fiat Chief Executive Sergio Marchionne at the carmaker's Sevelsud plant in Atessa MILAN/PARIS (Reuters) - Idle plants, surly unions and a weak, ageing model line-up - the challenges facing Fiat Chrysler's (MIL:F) Italian revival sound a lot like the British car industry's low point in 1982. CEO Sergio Marchionne will be hoping the similarities don't end there as he orders up sporty new Alfa Romeos and sleek Maseratis in a bid to repeat in Italy what British brands like Mini and Jaguar have since achieved under foreign ownership. After cementing its marriage to Chrysler in January, which will move the group's domicile and main share listing abroad, Fiat is turning back to long-delayed plans to relaunch its Alfa and Maserati marquees, with which it has pledged to revive Italian production.








via Business News - Yahoo Finance http://ift.tt/1pI8jxb

0 commentaires:

Enregistrer un commentaire