ITALY: Slack summer demand prompts Fiat to close two factories temporarily
Fiat on Wednesday said that it would temporarily close two of its car factories at the end of September to allow its auto unit to adjust to slack demand over the summer, the Associated Press (AP) reported.
Fiat on Wednesday said that it would temporarily close two of its car factories at the end of September to allow its auto unit to adjust to slack demand over the summer, the Associated Press (AP) reported.
Starting on September 27, Fiat will close its Termini Imerese plant in Sicily for one week, and the Cassino factory in southern Italy for two weeks, Fiat spokesman Raffaele Porro told AP. The shutdowns at the two factories, which produce the Punto and Stilo, will affect around 5,000 workers.
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