Fiat Chrysler to cut 1300 jobs in US

GMT 08:52 2016 Thursday ,07 April

Arab Today, arab today Fiat Chrysler to cut 1300 jobs in US

Fiat Chrysler
New York - AFP

Fiat Chrysler said it plans to cut 1,300 jobs at a factory in Michigan due to weak demand for its Chrysler 200 sedan.

The cutbacks will "better align production with demand" for vehicles built at Fiat Chrysler's factory in Sterling Heights, about 45 miles north of Detroit.

The layoffs, FCA's first significant downsizing since 2009, affect about 41 percent of the workers at the plant and about three percent of FCA's US staff.

Sales of the Chrysler 200, whose main customers are car-rental companies, fell more than 60 percent in the first quarter.


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