Mercoledì, 19 Settembre 2018

VW demands Marchionne quits ACEA role after 'bloodbath' jibe


(ANSA) - Rome, July 27 - Volkswagen has demanded that Fiat
CEO Sergio Marchionne quit as the president of European auto
industry association ACEA after blaming the German company for
creating a "bloodbath" in the car market with its aggressive
pricing policy.
VW also said it was thinking about leaving the ACEA in
"Mr. Marchionne is unbearable as president of ACEA. We call
for him to resign," VW's head of corporate communication,
Stephan Gruehsem, told the Wall Street Journal.
Fiat has been hit hard by the crisis of the European car
Its car sales in Europe dropped 16.7% in June taking its
share of the European market to 6.4%, compared to 7.5% in June
Marchionne said earlier this month that the carmaker may
have to close one of its plants in Italy if weak demand on the
European auto market continues.

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