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Fiat may close second Italian plant due to excess capacity

Fiat may close another plant in Italy after shutting down its Sicily factory in 2011 in order to adjust to the continuing drop in vehicle deliveries in Europe. According to Fiat chief executive Sergio Marchionne, the carmaker is likely to approve the second closure unless it could produce an economically viable plan to use excess...

Fiat may close second Italian plant due to excess capacity
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