Laggard Fiat vows to keep up with changes in motor industry

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Chair John Elkann says the carmaker can benefit from the emergence of electrified and autonomously driven vehicles

John Elkann walks at the company's 'Heritage Hub' in Turin, Italy, April 2 2019. Picture: REUTERS/GIULIO PIOVACCARI

“We are determined that we and FCA will play our part actively and ambitiously in this new and exciting era,” Elkann wrote. “Our commitment to FCA and to participating in its bold and profitable future is also unchanged.” Elkann, in Turin on Tuesday to inaugurate Fiat’s car museum, reiterated plans to produce the battery-powered Fiat 500 at the company’s Mirafiori factory there. During the first 20 years of the industry, about 47 carmaking plants were founded in the city, he said.

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