Lunedì, 24 Settembre 2018

Fiat has a 'responsibility' to Italy to reveal plans


(ANSA) - Rome, September 17 - Automaker Fiat may be a major
international player, but it still has responsibilities in Italy
that include clarifying its industrial plans, says the country's
labour minister.
Elsa Fornero was commenting on reports that Fiat's chief
executive Sergio Marchionne is backing away from earlier plans
for a major expansion and investment in Italy.
''Fiat is now a multinational,' Fornero said in an
interview with newspaper La Repubblica.
''But it is also a great Italian industry. Because of this,
Marchionne has a duty to explain what his strategies are for
Italy. I have many things to ask, and the wait cannot be
Fornero says she wants more information from Marchionne,
who is said to be travelling in the United States.
Late last week, the auto giant said that its plans for
growing Fiat's activities in Italy have been superseded by
changed economic circumstances and a collapse in car sales.
The company said it was not in a position to enact
investments planned more than two years ago, in different market
Fiat said that a new plan would be unveiled in October to
replace its original 'Fabbrica Italia' that would have involved
boosting investments by some 20 billion euros.
Fiat also promised to make ''responsible choices,'' but its
unions have already called on the government to help avert job
And another Italian industrial heavyweight has already
slammed Fiat for its choices.
Tod's founder Diego Della Valle late last week accused
managers and owners of Fiat for making poor decisions.
''Fiat's real problems are not the workers, Italy or the
economic crisis that certainly exists,'' Della Valle said in a
''Its real problems are its shareholders and its chief
executive officer (Marchionne). They are the ones that are
making the wrong choices.
''Or worse still, they are making the choices that are most
convenient for them, without taking into consideration the
interests or the needs of the country, a country that has given
much, very much, perhaps too much to Fiat".

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