Fiat has announced that it plans to halt production at it’s five plants in Italy for a two week period next month. BusinessWeek is reporting that the production halt become necessary because sales of Fiat vehicles have declined to the point where they are worse this year than at the same time last year
Fiat Falters
Way back at the beginning of May we reported that Fiat was well in the running to purchase GM’s European brands of Opel, Vauxhall and Saab … a move that would catapult it into second spot on the world rankings of car manufacturers. However at the end of May talks between GM and Fiat broke […]