Fiat Interested in Bertone
June 30, 2010 - Category Bertone
Fiat Interested in Bertone rear side view
Turin, Italy – confirmed that Fiat make an offer for Carrozzeria Bertone, the famous Italian coachbuilder, which has fallen on hard times. However, a spokesman for Fiat said Inside Line, “We are not interested in Bertone brand or company, only in Grugliasco production facilities and manpower.”
There are currently six active offers on the table for Bertone assets. Those of long-idle Grugliasco Fiat manufacturing complex is the latest, on 14 Published in July. Others offer only the brand Bertone purchase by the wife of company founder Nuccio Bertone’s, Lilli, two separate offers from Italian business groups to buy all Bertone assets, and a comparable all-or-nothing offer of an anonymous Spanish group and the Chinese company First Auto Works (FAW). A year and a half years, Fiat Bertone made a purchase offer as a whole, for only € 100, or about $ 150 right now.
to tell spokesman close to the shops that IL was the highest bid or bids for Bertone of Turin court at the end of the week or early next week to decide.
In addition to the core business of finding buyers for assets Bertone, there are the more complex side to approve the participation in trade unions. While in North America, the trade unions to gain so much in these days of free and willing to compromise for the greater good, Italy is still largely controlled by the unions, and they are not changed easily.
The log-jam and soft Italian trade union tradition in direct conflict with the new Fiat under Sergio Marchionne, Fiat will increasingly as an important international company in the United States and elsewhere are working to form a quick and mergers and acquisitions, and often necessary to work cut in the process.
A union leader in Italy, the point is clear: “We are all in this property by Fiat in the general sense, as it is the strongest demand has not yet been made. But we still have to see if Fiat can not play Grugliasco the system and the 1200 – strong workforce against key Fiat Mirafiori factory. Do they come across enough new products to keep all the past, or will eventually cannibalize the other? ”
Fiat has a history of corporate takeovers in Italy. Handed Lancia in 1969, Fiat finally shut down the main plant in Chivasso Lancia in 1992 and to the employees. Fiat Autobianchi in the late 1960s, recorded and closed its main plant in Desio Marque in 1991 saw many jobs through redundancy. Fiat was the Alfa Romeo in 1986 and effectively began shutting down the company’s continued Arese massive complex in the early 1990s, large industrial disputes to this day. Arese keep skeleton crew of fewer than 500 employees, with state subsidy.
Another notes that the Union has a master Grugliasco theoretical capacity of 150,000 vehicles per year and produced 140,000 units Mirafiori in 2008. These are frightening coincidential numbers to try to explain away. And, Fiat wants to Invest in Turin and the Italian labor market? ”
It is noteworthy that the hot-selling Fiat 500 is entirely in the factory in Tychy, southern Poland, established, together with the Fiat Panda.
Fiat Mirafiori staff has several strikes recently in no small part to the impact on local employment of hunger CEO Sergio Marchionne to the mall in the world for bargain assets. Strikes are common in Fiat’s plant in Termini Imerese Sicily. Fiat has announced the end of car production in 2012, promises a conversion for non-body-in-white production needs. The history of Fiat, are not convinced the workers.
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