Consider this: In 2009, Fiat’s five biggest Italian assembly plants produced 650,000 cars using 22,000 workers. That same year, a single Fiat plant in Tychy, Poland, produced 600,000 cars with 6,100 workers. Too many inefficient plants, coupled with a plunge in consumer demand, have left not only Fiat, but other car makers such as PSA Peugeot, Citroën and Adam Opel…bleeding cash.
That is from “Fiat Chief Retools Car Maker,” the story is here. I thank Kurt Busboom for a pointer.