Marchionne will keep open Fiat's Italian plants; CEO aims to boost capacity utilization to nearly 100%.(Sergio Marchionne )

Automotive News Europe,  August, 2005  

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Byline: Luca Ciferri

When Sergio Marchionne unveiled a new industrial plan August 4, he said exactly what politicians and labor unions wanted to hear: Fiat Auto won't close any of its six Italian plants.

According to Fiat Group and Fiat Auto CEO Marchionne, Fiat Auto's installed capacity in Italy is 1.43 million units.

New paint shop emission standards, which will come in force by October 2007, will reduce capacity to 1.37 million units by 2008.

Giovanni Contento, the head of the Italian metalworkers union UILM, said Marchionne told him that Fiat would make 1.35 million ...

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