Fiat's Iveco to close five European plants

Fiat's Iveco to close five European plants

Falling sales of lorries mean Fiat Industrial's Iveco is to shut five plants by the end of this year. br br They are at Chambery in France; Graz in Austria, and the German factories at Ulm, Weisweil and Goerlitz.br br A total of 1,075 workers will either lose their jobs or be redeployed.br br Iveco's chief executive Alfredo Altavilla said the "painful closures" will boost the overall business.br br ...


User: euronews (in English)

Views: 33

Uploaded: 2012-07-02

Duration: 00:25

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