Turin

Piedmont governor rallies to defence of Fiat chief's comment

Regional leader where automaker based demands industrial policy

Piedmont governor rallies to defence of Fiat chief's comment

(see related stories) Turin, July 31 - The governor of the region where the automaker Fiat is based on Wednesday rallied to the defence of Fiat-Chrysler CEO Sergio Marchionne, who on Tuesday blasted business conditions in Italy in a conference call with analysts and media. Marchionne said that the ''conditions in industrial Italy remain impossible'' and has threatened to move production of new models of Alfa Romeo vehicles outside of Italy. The governor of Piedmont, where Fiat was founded and remains based, responded by demanding clearer industrial policy from State government. ''Where is the government's industrial policy? How long do we have to wait to see something done? There is no more time,'' said Roberto Cota. ''Fiat no doubt owes acknowledgment to the territory,'' said the governor. ''For this reason it must continue to manufacture in the Mirafiori plant (in Turin), and even more so given positive results thanks to Marchionne's actions and investments abroad,'' Cota continued. ''The truth is, though, that every day hundreds of businesses close down and go away, because they can't make it, because doing business here isn't competitive and often impossible. These businesses are not talked about because they aren't famous and aren't part of the media spectacle,'' Cota concluded. (photo: Piedmont Governor Roberto Cota and Fiat-Chrysler CEO Sergio Marchionne)

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