Fiat is halting production at its plant in Betim, Minas Gerais state, for two days this month to help reduce the stock of 28,000 vehicles held at the plant and by the country’s 350 dealers, writes Rogério Louro Alves.
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This volume represents about 35 days of Fiat sales in Brazil and is a result of a slump in demand over the last few months.
Shutting the assembly line will reduce stocks by about 3,600 vehicles and is the second time in recent months the lines have been shut down; last July Fiat ordered 2,500 Betim workers off on 10 days’ compulsory vacation.
The Betim plant employs 10,000 and produces all the car models that Fiat builds in Brazil.
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