Germany’s Frankfurter Allgemeine Zeitung newspaper is reporting that it has seen a Fiat internal “strategy plan” dated April 3rd that states that the company would cut 18,000 jobs as 10 assembly and component sites if it reached a deal with General Motors Europe. The cuts would include both Vauxhall plants in the UK and two Fiat factories in Italy.
The Frankfurter Allgemeine Zeitung report said that Vauxhall assembly lines in Luton and Ellesmere Port, as well as the Opel factory in Antwerp, Belgium, would be among those shut down, along with Fiat factories in Pomigliano, near Naples, and in Termini Imerese, Sicily.
Three Opel plants producing gearboxes – Bochum, Kaiserslautern and Ruesselsheim, Germany – would also be partially shut down, it added.
In response, Fiat said the information was not generated by Fiat and did not form part of any plan prepared by Fiat.
Fiat has begun efforts to win support for its plan to take over General Motors’ European business, which includes Vauxhall and Opel but apparently has no interest in Saab. In its apparent march toward world domination of car manufacturing Fiat also plans to take over some of Chrysler.