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2/3/13

European Auto Industry – Fiat chair John Elkann:" Fiat’s Hard Choices to Stay in Italy"

“We made some hard choices to continue manufacturing in Italy”. Fiat chair John Elkann was speaking at the opening ceremony of its Grugliasco plant, the former Bertone factory where a redundancy programme had been in place for eight years.

"A new age is beginning for Maserati, said Fiat-Chrysler CEO Sergio Marchionne, pledging that “by year’s end there will be full employment at Grugliasco [for the time being, 500 workers are back – Ed.]”. How? Thanks to new models. The Ghibli saloon and the Levante SUV, which could be manufactured at Mirafiori, have been tasked with taking Maserati past the 50,000 units-a-year mark by the end of 2015. According to Fiat sources, these are the numbers required to boost profits, even though they represent a huge leap forward from the 6,400 Maseratis sold in 2012."

Read more: Elkann –Fiat’s Hard Choices to Stay in Italy - Corriere della Sera

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