FIAT Anticipates the Return of More Than Half of the Workers Who Were Away in MG Due to Raw Material Supply Issues

Written by Roberta Souza

Published on 12/12/2021 at 18:46

Updated on 12/12/2021 at 19:14

Fonte: Prdução, FIAT; Betim/MG; Automobilística; Linha Foto: Germano Lüders 22/05/2014

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Workers’ Return Is Anticipated by Fiat After the Parts Stock Shows Improvements. 970 of the 1800 Workers Returned to Active Duty

Upon realizing that the worst phase of the parts supply crisis has passed, Fiat advanced, on Monday, the return of 970 of the 1800 employees who had been away for about two months from the Betim factory, in the state of Minas Gerais (MG).

On December 10, during a press conference given by Fiat, Antonio Filosa, the president of Stellantis in the region, projected that the light vehicle market is expected to grow by 10% to 12% in 2022. This data is based on the belief that there will be greater balance in the supply of electronic components starting next year.

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The expectation from the MG automaker is that the remaining workers on temporary leave will return to work shortly after the year-end holidays.

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According to Filosa, Fiat ended the year as the most consumed car brand in the country due to losing fewer products compared to the competition in the “battle for semiconductors.” According to the president’s analysis, this fact led Fiat to gain 2.5 percentage points in market share.

With the goal of not losing its prominent position to other automakers, Fiat counts on the strong acceptance of recent launches, as well as those upcoming next year. “We planted the seeds to have a year full of new models in 2022, when we will also launch more cars. The only right I have after asking for so many investments from shareholders is to grow.”

Despite the fluctuations characteristic of election years, especially regarding currency, the Stellantis management renewed the investment program, which was launched more than two years ago, and anticipates R$ 7.5 billion by 2023 at the production unit for Fiat and Jeep models in Pernambuco.

This amount also refers to acquiring new parts suppliers, with the goal of securing 60 of them in the vicinity of the manufacturing conglomerate.

Regarding Fiat’s financial performance in South America, Antonio Filosa stated that the announcement is the responsibility of the global president of the automaker, Carlos Tavares. However, Filosa announced that profitability has increased compared to last year, when profit margins were very thin.

FIAT Anticipates the Return of More Than Half of the Workers Who Were Away in MG Due to Raw Material Supply Issues

Workers’ Return Is Anticipated by Fiat After the Parts Stock Shows Improvements. 970 of the 1800 Workers Returned to Active Duty

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FIAT Anticipates the Return of More Than Half of the Workers Who Were Away in MG Due to Raw Material Supply Issues

Workers’ Return Is Anticipated by Fiat After the Parts Stock Shows Improvements. 970 of the 1800 Workers Returned to Active Duty

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