Inactive Instrument

Fiat Chrysler Automobiles N.V. Borsa Italiana

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FCA

NL0010877643

Fiat soon to resume full production at Chinese plants operated through GAC joint venture - spokesman

February 19, 2020 at 03:10 am EST

Fiat Chrysler will soon resume full production at plants it operates in China through its joint venture with Guangzhou Automobile Group (GAC), a spokesman said on Wednesday, following extended shutdowns due to the Coronavirus.

The plant in Guangzhou restarted production on Feb. 17 while production at the plant in Changsha will resume shortly, the spokesman said, without giving a specific date.

Fiat said on Friday it had temporarily halted production at its Serbian plant because of a shortage of parts from China -- the first such suspension by an automaker in Europe.

(Reporting by Giulio Piovaccari, writing by Giulia Segreti; Editing by Crispian Balmer)

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Company Profile

Stellantis N.V., formerly Fiat Chrysler Automobiles N.V., is an automaker and a mobility provider. The Company is engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. The Company has operations in more than 40 countries and sells its vehicles directly or through distributors and dealers in more than 130 countries. It designs, engineers, manufactures, distributes and sells vehicles for the mass-market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. In addition, the Company designs, engineers, manufactures, distributes and sells luxury vehicles under the Maserati brand. The Company's brand portfolio also includes Peugeot, Citroen, DS Automobiles, Opel and Vauxhall.

Sector

Calendar

2024-04-30 - Q1 2024 Sales and Revenue Release

Related indices

CAC 40 , EURO STOXX 50 , STOXX EUROPE 600 (EUR) , FTSE MIB INDEX

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