In Italy, start to stop car factoriesMarch 11, 2020
Fiat Chrysler Automobiles has announced its intention to temporarily close a number of its Italian plants, while Italy’s largest dealer group said it will close its production by April 3 to help combat the outbreak of coronavirus in Europe.
The FCA spokesman noted that the stop will affect businesses in Pomigliano d’Arco, Melfi, Atessa and Cassino. Each factory will be shut down for 2-3 days between Wednesday and Saturday. Production is scheduled to resume on Monday.
According to Evercore ISI estimates, the FCA affects plants that collect about 600 thousand cars a year and account for about 4% of European car production. The FCA statement said additional steps are being taken to minimize the risk of the spread of the virus among employees, including intensive sanitation of all areas. It is possible that in the future there will be a temporary closure of all plants for a long time.
It is noted that the largest dealer of the brand – the company Autotorino – will be temporarily closed for the first time in its 55-year history. The network of auto centers sold 29,100 new cars and another 22,400 used cars last year. 1,700 people work at Autotorino, and in 2019 the company’s revenues will amount to 1.22 billion euros.
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