Yukon Change Of Body Style

Fiat / Marchionne denies rumors about 5 thousand cuts. Concerned unions. "Layoffs? I'm not in the plan"

03/25/2010

TORINO. "It is not our plan, I do not know. We are still working on it, deny everything. "

's CEO Fiat, Sergio Marchionne , does not hide his anger about the rumors that the plan to be presented April 21 at the Lingotto nearly five employees would be required less and the reduction from twelve to eight models.

union and political reactions, however, are immediate and anticipate the denials, while the title, after recording increases up to 6%, closed up by 4.26% to 9.8 €.'m worried that the unions accuse the government of not doing anything and want negotiations on the plan, while at Termini Imerese shoot just one hour to strike. He gets angry Labour Minister Maurizio Sacconi, who speaks of "disturbing rumors that arouse public alarm."

Good news, however, arrive in the evening for the establishment of Pomigliano. At the technical panel at Fiat in Rome investments the company has promised to implement the new point and another car with the soft landing of 500 employees at retirement age, thus laying the preconditions - says the general secretary of Uilm Giovanni Sgambati - for an agreement by the end of the month.

The first official denial of the Plan of Fiat is at 13.23: in a news release speaks advances "premature and without any foundation" and defines again the hypothesis of spin off the auto business, "the result of conjecture born outside the group." Then talk to Marchionne Turin, where he participates in the Board of Confindustria , pending shareholders' meeting on Friday. "It's the most profound crisis we've seen in Europe - he says - and we have not fired anyone. Trying to beat the Fiat at a time like this is the most disproportionate've ever seen, it is almost shameful."

The CEO of the Lingotto speaks of "manipulation" and "press speculation". "We have been accused of many things - he says - but the reality is that we never fired No, we tried to maintain the social balance in the last 24 months. We are managing a difficult time in the best possible way, we have protected the operational side with the most enormous sacrifices. I do not want medals, but what was done was done. Remember where it was the Fiat in 2004. "Marchionne also reiterated that if there is something to say about the spin-off of the car this will be discussed April 21 at Termini Imerese and explains that everything possible will be done and that" you will also find a solution " .

The denials did not calm down the concerns. "Our concern - said the leader of the CGIL, Guglielmo Epifani - are confirmed. Fiat reduces employment and brings some production out of the engine Country, while you make the most innovative things to the United States. Substantially reduces its presence in Italy. "The secretary general of the CISL, Raffaele Bonanni, calling on the government a summons immediately, while a number of Fiom, Gianni Rinaldini," you have to open negotiations on a real plan that can not be just announced on April 21 and sent to the mayors skipping any negotiation. "UGL also calls for a meeting before April 21. Uilm secretary general, Rocco Palombella, speaks of" a setting to delay the sender ", that of Fismic, Roberto Di Maulo accuses the government of having behaved like Pontius Pilate.

Lingotto meanwhile announced two new weeks of layoff Powertrain Torino Stura for the 1,500 workers in a department that has almost run out of ordinary social safety nets.