Fiat Chrysler does not see delay in PSA merger, FIOM union says

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Fiat Chrysler did not mention any possible delay in the merger process with France's PSA during a call with unions on Tuesday, metal workers' ...

Fiat Chrysler did not mention any possible delay in the merger process with France's PSA during a call with unions on Tuesday, metal workers' union FIOM said.

FILE PHOTO: A Fiat Chrysler Automobiles sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File PhotoMILAN: Fiat Chrysler did not mention any possible delay in the merger process with France's PSA during a call with unions on Tuesday, metal workers' union FIOM said.

"No delay on the merger with PSA was mentioned to us," FIOM representative Michele De Palma told Reuters, correcting an earlier FIOM statement which said a delay was"certain" given the current situation.Union representatives held a conference call on Tuesday with FCA's Chief Operating Officer for Europe, Middle East and Africa Pietro Gorlier to discuss the coronavirus emergency.

De Palma confirmed, however, that FCA said during the meeting that its industrial plan would suffer a delay. Last week FCA's controlling shareholder Exor said it expected the merger with PSA would be completed early next year, as initially planned.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines