Mexican Media Brands
Fiat, Volvo Curb Output in Europe
Fiat SpA will idle an assembly plant in Pomigliano, Italy, for two weeks in late September and early October because of waning demand.
Share
Fiat SpA will idle an assembly plant in Pomigliano, Italy, for two weeks in late September and early October because of waning demand.
The Pomigliano factory, which makes the Panda minicar, is just ending a two-week shutdown that idled 2,500 workers.
Volvo Car Corp. will reduce the line speed at its main plant in Gothenburg, Sweden, to 52 cars per hour from 57 in response to weak sales worldwide, the IF Metall union tells The Wall Street Journal.
Volvo, which is owned by Zhejiang Geely Holding Group Co., also says it will shed as many as 300 temporary workers when their contracts expire.
Fiat and Volvo join Ford and General Motors, which have previously said they would reduce hours at some European factories in coming months.
RELATED CONTENT
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
