Mercoledì, 19 Settembre 2018

Fiat boss calls on Italian politicians to overcome impasse


Geneva, March 5 - FIAT CEO Sergio Marchionne on
Tuesday called on Italian lawmakers to reconcile their
differences and form a government in the interests of the
greater good after the country's general election failed to
produce a clear winner.
''Political uncertainty creates market uncertainty, which
doesn't help people who, like us, need to sell cars,''
Marchionne said at the Geneva motor show.
''It is necessary to have the certainty that Italy will be
politically and institutionally stable, and right now we don't
have that certainty.
''We have a great opportunity to find a solution so the
country can move forward.
''These are not easy choices. Parties and movements must
find common ground around a clear objective, that of managing
the country''.
Marchionne said that the carmaker had no immediate
intention of changing its investment plans for Italy after the
country's general election was inconclusive.
''We will continue to invest in Italy no matter how
unstable its political situation, unless the government takes a
drastic decision such as leaving the euro,'' Marchionne said.
Beppe Grillo, whose anti-establishment 5-Star Movement
rocked the political establishment with a stunning showing in
the election, has proposed holding a referendum on whether Italy
should keep having the euro as its currency.
Marchionne, who is also the CEO of Chrysler, said that he
expected more of the same in 2013 in terms of sales.
Chrysler's strong showing on the United States market last
year helped make up for Fiat's declining sales on the crisis-hit
European market.
''For us, 2013 will be much like 2012, with improved
results thanks to increased sales in the US. The aim is to sell
4.3-4.4 million vehicles, compared to 4.2 million cars in
2012,'' Marchionne said.
''We are not altering our 2013 targets because we have not
changed our market expectations, even though the first quarter
will be difficult,'' Marchionne explained.

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