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Marchionne: "I like everything about Monti"

The CEO of Fiat and Chrysler reiterates: "No threat of closure of the Italian plants" - "I don't want incentives, I simply want to be able to work" - "The GM-Peugeot alliance does not take anything away from us".

Marchionne: "I like everything about Monti"

"What do I like about the new government? All!“. So spoke from the Geneva auto show Sergio Marchionne, CEO of Fiat and Chrysler. And after the enthusiasm for the new Executive, the number one of the Lingotto confirms the reassurances that arrived yesterday from the Minister of Labour, Elsa Fornero: “No threat of closure of the Italian plants – reiterated the Italian-Canadian manager -. We have made commitments for Pomigliano, we have confirmed the commitment for Mirafiori. The latter plant will go into production in 2013”. The other Italian plants of Cassino, Melfi and Sevel “have products on which there is nothing to say, they need to be renewed within the time frame required by the development plan”.

I DON'T WANT INCENTIVES, I WANT TO BE ABLE TO WORK

“Fiat is financially solid and opposes any intervention to support the market – Marchionne said again -. I don't want incentives, I just want to be able to work”. Italy “has a financial problem of how to finance the country, a problem well known to Monti. And one of the conditions that we have included with the country is not to ask anything for the industrial development of Fiat. It would be a request that would weigh heavily on the Italian situation”.

GM-PEUGEOT ALLIANCE DOESN'T TAKE ANYTHING FROM US

“We have lost nothing. No runway has closed for us”, Marchionne said again, commenting on the alliance between General Motors and Peugeot. As for new agreements between Fiat and other manufacturers, Marchionne has not ruled out any hypothesis: "Theoretically we could still make lateral agreements with both Peugeot and GM".

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