The Italian government is considering offering tax incentives to encourage new car purchases by both private and public sector owners, Transport Minister Maurizio Lupi said.
Tag Archives: Italy
To sell Fiat luxury shift, Marchionne seeks labor peace in Italy
Fiat Chrysler Automobiles CEO Sergio Marchionne made a surprise return to Italy from the United States last week to solve a labor dispute at the Grugliasco car factory near Turin, where the carmaker is boosting Maserati production as part of a strategy to move upscale.
When Maserati workers entered a conference room at the plant on June 23, they were expecting to discuss with the plant manager how to meet booming demand for the Ghibli compact sedan. Instead, the employees found Marchionne sitting at the table.
to end Europe dip Fiat may invest €9 billion reviving Italy plants
Fiat plans to invest as much as €9 billion on new models to end European losses in three years and revive nearly empty Italian factories, two people familiar with the matter said.
Fiat buys remainder of diesel maker VM Motori from GM
Fiat Group, Chrysler Group’s Italian parent company, has acquired the remaining half of VM Motori from General Motors for 34.1 million euros ($47.1 million).
38th edition of the Bologna Motor Show cancelled
Italy’s only annual car show in Bologna has been cancelled this year because of a lack of exhibitors, organizers said, underlining how automakers are cutting back on spending amid a prolonged slump in sales.
“The 38th edition of the Bologna Motor Show has been cancelled because of the total absence of auto manufacturers,” GL events said on its Facebook page on Tuesday.
