“We are ready to confirm all our commitments for Italy. We have planned to bring 17 new models and 7 product updates into production between now and 2016. We expect an increase in production activity until all our workers are fully employed in 3-4 years" in Italy. The CEO of Fiat and Chrysler said so, Sergio Marchionne, speaking at Quattrotuote Day.
The manager then commented on the statements of the politicians regarding the announcement of the extraordinary redundancy fund for the employees of the Melfi plant: “I found yesterday's statements obscene. In China, with Gac, 100 cars can be produced a year. The plant is ready and could potentially start production in 18 months”.
As for the situation of the European market, Marchionne stated that 2013 will close “in line with 2012. America, Brazil and China will do well”.
At the end of the morning, the Fiat Stock Exchange share gained more than three points after a sudden acceleration. Traders do not cite specific reasons, but speak of coverage by some funds.
