Fiat: production out of Italy because of the crisis?

                    

debt crisis currently affecting Europe, does not spare the manufacturers. Fiat might be able to produce out of Italy.

All countries in the euro area are now covered by the economic crisis. This is even more the case for Greece and Italy.

While Fiat enjoyed a strong presence in Europe and in its local market a few years ago, the Italian group has to deal a significant drop in demand. Some analysts, Fiat would also recorded the worst figures of the past 20 years in 2011.

What suggest that the Italian manufacturer could abandon its factories to produce transalpine elsewhere. In any case think that a businessman who follows the company: “Economically Fiat is already out of Italy. Our perception is that the downsizing of the company in Italy is a strong possibility “.

For his part the president of the Italian group, Sergio Marchionne pointed to low productivity, high wages and started back some unions transalpine industries.” / p> Currently Fiat deficit to five plants in Italy, employing 22,000 workers. Different unions have announced possible general strikes.

There are still a few years, Italy accounted for 30% of group sales, but that figure is now down to less than 15%.

Ironically, when Fiat came to the rescue of Chrysler was the American manufacturer who was very ill. Today the reverse occurs as Sergio Marchionne is optimistic about sales next year of the U.S. firm, including the United States.