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Fri, Jan 15, 2010 - Page 10 News List

Fiat’s CEO says decision to close plant ‘irreversible’

AFP , DETROIT

Fiat and Chrysler CEO Sergio Marchionne said on Wednesday that a decision to shut down the company’s plant in Sicily was “irreversible.”

He said that plans to close the plant, which employs around 1,400 people, although “a great controversy,” would go ahead.

His speech was interrupted by cries of protest from opponents of the move.

“Shame on you Fiat and Chrysler for killing jobs!” one angry protester shouted.

Earlier on Wednesday hundreds of Fiat workers in southern Italy went on strike in protest at the company’s decision to shut the plant by the end of next year.

Marchionne had first announced the closure last June as a move to cut costs.

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