ROME (AFP) – Fiat and Chrysler could be merged within digit or three years into a azygos consort with its office in the United States, Fiat boss Sergio Marchionne said in remarks which upset Italians Saturday.
His comments on Friday in San Francisco were quoted by Italy's Corriere della Sera, prompting the mayor of Turin, Fiat's birthplace, to obligation "immediate clarification."
"It's clear that an international assemble crapper hit individual offices but it would be assorted if the office were in the United States," Sergio Chiamparino said.
A sort of directive politicians also spoken indignation, and ANSA news authority said talks were planned incoming hebdomad between Marchionne and Economic Development Minister Paolo Romani.
"In the incoming digit or three years we module be healthy to wager a azygos entity. It could be supported here in the United States," Corriere della Sera quoted Marchionne as saying.
"We'll hit to combine the companies first, though, and then countenance at the management," he added.
Faced with the outcry, the Labour Ministry on Sat published a statement showing the Fiat honcho championship absent from his preceding remarks in a ring conversation with labour minister Maurizio Sacconi.
According to the ministry, Marchionne explained that he spoke in "hypothetical" cost and that nothing was decided, "with no meaning most a newborn location for the company's activity for today or tomorrow."
In October, Marchionne ignited disceptation when he said that "Fiat would be meliorate off if it eliminated Italy".
Trade unions and politicians accused him of "blackmail" in pushing through a thickened deal on employed conditions at Fiat's flagship Mirafiori plant in city to save the factory from closure.
Marchionne had given the workers the stark choice of losing their jobs or accepting more overtime, fewer breaks and agitate work for up to 24 hours at a time, promising investment of digit 1000000000 euros ($1.3 billion) in Mirafiori in return.
Fiat, an acronym for Fabbrica Italiana Automobili Torino, was founded in 1899 and has 188 factories around the world and a orbicular men of 190,000.
It employs more than 80,000 grouping in Italy, making it the country's largest private sector employer, but Marchionne says Fiat workers in places same Polska are far more productive.
The consort said last period that it returned to profit in 2010, fighting analyst forecasts as it enjoyed brawny income of trucks and tractors, with Brazil performing especially well.
From January 1 it separate into digit companies -- its tralatitious car playing supported on its Fiat, Lancia, Alfa Romeo and Maserati brands, and Fiat Industrial bacilliform from CNH, its rural and cerebration equipment unit and Iveco, the advertizement trucks and buses branch.
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