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Maserati is literally getting too big for its britches. Fiat’s junior ultra-premium brand has run out of room. Fiat Group executives have big plans for the Trident. The goal is to leverage its presence in 65 markets worldwide and add new products for higher-volume market segments, for a growth target of 50,000 cars per year, [...]
French news paper La Voix du Nord published comments from an interview with French President Nicolas Sarkozy in which he said he was “optimistic” about the future of the Sevelnord assembly plant in Valenciennes. The plant, which employs 2,800 workers, is a long-standing joint venture between PSA Peugeot and Fiat SpA that produces a range [...]
Chrysler Group LLC announced today that it will add about 1,800 jobs at its Belvidere Assembly Plant. The hiring includes workers for a third crew and hundreds of jobs the company needs to fill by the third quarter of 2012 for production of the Dodge Dart. With these new jobs, the Company will have added [...]
The ongoing truckers blockade has now shut down almost all Fiat production in Italy. The Mirafiori, Sevel Sud, Melfi, Cassino and Pomigliano factories have been idled and workers sent home for the rest of the week because it is impossible for supplies to be delivered. Fiat S.p.A. says it is losing 4,200 units of production [...]