Venerdì, 19 Ottobre 2018
RIMINI

Italian government calls for clarity on Fiat's future plans

English
© ANSA

(ANSA) - Rimini, August 20 - Italian Industry Minister
Corrado Passera on Monday asked Fiat for information on its
future plans, citing contrasting reports on how Italy's largest
carmaker plans to tackle the devastating effects the economic
recession has had on its business.
Fiat earlier this month said it was suspending all new
investments in Italy as car sales dropped to a 33-year low.
The announcement prompted unions and politicians to call for
government intervention aimed at bolstering the carmaker's
activities in what is the third largest economy in the euro
zone.
Italian car sales plunged 20% in the month of July, and
deliveries in 2012 are in line with 1979 levels.
Passera was speaking at an annual August meeting of the
Catholic movement Communione e Liberazione in the northeastern
coastal town of Rimini.
"We hope that in the next weeks the company provides us and
the country with an explanation of their plans".
When asked if he had a meeting planned with Fiat
representatives to discuss the situation, Passera said "it's not
a question of meetings," but that "we need to follow the matter,
and to understand" the entire situation.

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