Fiat Chrysler Automobiles has extended production stoppages at its plants in Europe by at least one more week. The automaker’s factories in Italy will remain closed until April 3 to contain the coronavirus pandemic. Originally the plants were due to resume production on March 27
Fiat Chrysler Automobiles and PSA Group have said they will not to close factories if they merge but this promise is likely to come under heavy strain as the combined group would have spare production capacity of almost 6 million vehicles in a slowing autos market.
Following the news that PSA Group and Fiat-Chrysler (FCA) are in discussions to combine operations and create a leading global group; David Leggett, Editor at GlobalData, a leading data and analytics company, offers his view.
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