Italy is one of the economies that has been the hardest hit by the crisis that’s still spreading across Europe. Since this is Fiat Group’s largest single market, it’s obvious that their sales figures would be hurt, and they are, as many plants have been shut down or are operating under capacity.
But in America, Chrysler group is working from strength to strength and is running out of floor room on its factories. That’s why the CEO of both companies, Sergio Marchionne is considering building Chrysler models in Italy, thus soling two problems at once.
In order to do this, Marchionne is asking the Italian government to reduce taxes on exported vehicle so that the vehicles will be competitively priced. A decision is pending and an official announcement could come in as little as a month.
“Export from Italy is a way to use some of the capacity that is in Italy and the exports can go anywhere,” Mike Manley, the head of Chrysler’s international operations, told Bloomberg.
One possibility would be building the Dodge Dart at the Cassino plant in Rome, where the Giulietta is made.
In order to do this, Marchionne is asking the Italian government to reduce taxes on exported vehicle so that the vehicles will be competitively priced. A decision is pending and an official announcement could come in as little as a month.
“Export from Italy is a way to use some of the capacity that is in Italy and the exports can go anywhere,” Mike Manley, the head of Chrysler’s international operations, told Bloomberg.
One possibility would be building the Dodge Dart at the Cassino plant in Rome, where the Giulietta is made.