Letta says Fiat must grow at home and abroad

Chief executives of carmaker meet premier over lunch

Letta says Fiat must grow at home and abroad

Rome, August 7 - Automotive giant Fiat must do well at home in Italy and abroad, Premier Enrico Letta told executives of the automaker during a working lunch Wednesday, sources said. Letta, who met with Sergio Marchionne, Fiat chief executive officer, and John Elkann, company chairman, urged the executives to demonstrate that it is possible for industry to remain viable in Italy. Labour disputes have angered Fiat leadership and Marchionne recently slammed industrial conditions in Italy during a conference call with analysts and media, saying that the carmaker may move manufacturing of new Alfa Romeo models offshore.

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