Skip to main content

Fiat Chrysler Venture

Fiat Chrysler Venture - Fiat SpA plans to build cars and sports-utility vehicles for the Jeep and Alfa Romeo brands as part of a joint venture with Chrysler Group LLC at its Mirafiori plant in Turin, Chief Executive Officer Sergio Marchionne said.

The carmaker plans to use U.S. “platforms” and make as many as 280,000 vehicles a year at the plant, Marchionne said in a speech to unions today in Turin. New Jeep and Alfa models will be ready by the fourth quarter of 2012.

Italy’s largest manufacturer is spending 20 billion euros ($26.5 billion) through 2014 to improve factories and vehicle development in exchange for union concessions on work rules. Marchionne said today that new labor rules will be needed for the Mirafiori plant.

Fiat, which acquired a 20 percent stake in Auburn Hills, Michigan-based Chrysler last year, has said it will raise the holding to 25 percent by the first quarter of 2011 and to 35 percent by the end of next year. Marchionne plans to take the U.S. automaker public in the second half of 2011.

“This is the plan we wanted,” Fiat union Fismic general manager Roberto Di Maulo said in an interview. “There’s no uncertainty about the future anymore.” He added that his union wants to complete an agreement with Fiat by Christmas.

The plan “keeps the workforce,” Antonio D’Anolfo, national secretary of the Ugl union, told Bloomberg. “It may lead to new hires.”

Fiat Chrysler Venture


Popular posts from this blog

Work-Related Personal Development Plans

Work-Related Personal Development Plans - Personal development refers to activities that improve self-knowledge and identity, develop talents and potential, build human capital and employability, enhance quality of life and contribute to the realization of dreams and aspirations. The concept is not limited to self-development but includes formal and informal activities for developing others, in roles such as teacher, guide, counselor, manager, coach, or mentor. Finally, as personal development takes place in the context of institutions, it refers to the methods, programs, tools, techniques, and assessment systems that support human development at the individual level in organizations.

At the level of the individual, personal development includes the following activities:

* improving self-awareness
* improving self-knowledge
* building or renewing identity
* developing strengths or talents
* identifying or improving potential
* building employability or human ca…

Urban Meyer Stepping Down

Urban Meyer Stepping Down - Well, it appears as if it’s deja vu all over again.

Less than 12 months after retiring and then un-retiring, Urban Meyer is apparently stepping down as Florida’s head coach. There’s no word on if he will be stepping back up tomorrow.

Urban Meyer Stepping Down

According to Todd Wright of Sporting News radio, and AOL Fanhouse‘s Brett McMurphy Meyer will announce at a 5 p.m. ET press conference Wednesday that he is resigning/retiring as the Gators’ head coach. There are no further details available at this time, other than GatorUpdates reporting over the weekend that Meyer checked into a hospital the week of the UGA game and has been undergoing tests since.

Obviously, we’ll have more on this story throughout the day and well into the night…

Urban Meyer Stepping Down

Matt Cassel Undergoes Appendectomy

Matt Cassel Undergoes Appendectomy - The mystery of Matt Cassel missing practice Wednesday coupled with the Kansas City Chiefs promoting quarterback Tyler Palko has been solved.

The team has announced that Cassel underwent an appendectomy on Wednesday morning. The Chiefs say they expect Cassel to return to work this week. Returning to work and being ready to perform well in the team’s biggest game of the season on Sunday against San Diego are two different things. ESPN’s Adam Schefter is reporting the Chiefs are viewing Cassel as being questionable to play in the game.

Clearly, this is terrible timing. The Chiefs are 8-4 and would take a major step toward the playoffs with a win over the Chargers. Cassel has played very well for the past two months. If he can’t play, the brittle Brodie Croyle would face the Chiefs in his first action of the season. Croyle last played in Week 13 of the 2009 season.

Matt Cassel Undergoes Appendectomy

Cassel’s availability will come down to whether he…