Fiat Chrysler Group announced plans for the next 5 years. No details were given, it is known only that the company will invest 50 billion dollars. and does not intend to lay off workers in Italy. Shares of concern on the Milan Stock Exchange fell as much as 11 percent.
Surely distrust of investors is the lack of detail plans Italian-American giant. One knows that the group wants to invest $ 50 billion and nearly double production of cars – from 4.7 million to 7 million vehicles. Probably one tenth of the planned investment spending will go to five factories in the Apennine Peninsula.
In contrast to the investors enjoy the unions – they received a promise from the CEO Sergio Marchionne, that it did not slow down nor send anyone home, but he wants to take advantage of the entire workforce, which is in Italy.
also reported that Fiat Chrysler relies on an increase in production of Alfa Romeo – from the current 74 thousand to 400 thousand units in 2018 – and its entry into the market American. jk
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