BREAKING NEWS

BREAKING NEWS

Car transporters strike hits Italian carmaker's profits

Now Reading:

Car transporters strike hits Italian carmaker's profits

Text size Aa Aa

With Fiat going ahead this week with factory closures and Italy’s auto industry predicting it will ship 60,000 fewer vehicles in March, the small car transporter’s strike has drawn blood in its over a month-long conflict.

Fiat said it has suffered “very serious” financial losses, and talked about “significant” effects on the company’s performance.