Union woes prompt Fiat to suspend former Bertone plant investment

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maserati quattroporte

Fiat has run into resistance from Italian unions in the past, and CEO Sergio Marchionne has been pushing the Fabbrica Italia plan to make things right. The business plan promises to invest in more Italian jobs in exchange for more flexible union deals - a home run for all parties involved, but Italy's cadre of unions have been slow to take Fiat up on its offer.

Automotive News reports that the Turin-based automaker has suspended a $710 million investment in the former Bertone plant after Fiat failed to reach an agreement with the FIOM union that represents the plant. The plant, which Fiat purchased back in 2009, had been earmarked to build the next generation Maserati Quattroporte and a midsized sedan to take on the likes of the BMW 5-Series and Mercedes-Benz E-Class.

A Fiat spokesperson reportedly told AN that FIOM's stance isn't acceptable, adding "right now, the conditions are not there to launch the planned investments." That doesn't mean that a deal is permanently out of the question, but it may give FIOM some motivation to see things Fiat's way. The midsize sedan is scheduled to arrive in Europe early in 2012, followed by the next Quattroporte sometime in 2013.

[Source: Automotive News - Sub. Req.]

Union woes prompt Fiat to suspend former Bertone plant investment originally appeared on Autoblog on Mon, 28 Mar 2011 08:02:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/03/28/union-woes-prompt-fiat-to-suspend-former-bertone-plant-investmen/

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Rumormill: BMW 3 Series GT could actually be new 4 Series

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6 series gran coupe
BMW 6 Series Gran Coupé concept - Click above for high-res image gallery

We've heard a few times that BMW is working on a 3 Series Gran Turismo, but a rumor floated at Germany's Auto Motor und Sport claims the GT may instead be an all-new 4 Series. If true, BMW Blog says that a 4 Series could be offered as a four-door coupe that would help BMW compete with offerings like the A5 Sportback. The move would also enable BMW to offer a more stylish vehicle that slots well below the 6 Series in price while still demanding a premium over the 3 Series. And keep in mind that BMW has already green-lit the 6 Series Gran Coupe, which will feature two-door styling and four physical doors when it arrives in 2012.

Given that Audi has feverishly expanded its lineup the past few years, we wouldn't blame BMW for countering with a 4 Series, but this is the first we've heard of it, so we'll keep this one squarely in the rumormill category for now.

[Source: BMW Blog]

Rumormill: BMW 3 Series GT could actually be new 4 Series originally appeared on Autoblog on Sun, 27 Mar 2011 15:35:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/03/27/rumormill-bmw-3-series-gt-could-actually-be-new-4-series/

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