Fiat Chrysler Temporary Idles Some Italian Factories to Implement Coronavirus Measures
Fiat Chrysler Automobiles (NYSE: FCAU) is temporarily halting production at some of its factories in Italy and will make changes to production methods in response to the outbreak of novel coronavirus in the country.
FCA, formed from the merger of Italian automaker Fiat and U.S. automaker Chrysler, has extensive operations in Italy. Many are in and around Fiat's traditional home city of Turin, not far from the epicenter of the epidemic in northern Italy.
FCA said that four of its factories will be shut down for a few days each in order to implement production changes that will allow workers to be stationed further apart, to reduce the possibility of transmitting the virus.
Source Fool.com