Fiat Chrysler: Extends or closes a European plant if Chinese plant stops production
Fiat Chrysler Automobiles (FCAU) chief executive Mike Manley warned on Thursday that the company could be forced to close a European plant if the outbreak of a coronavirus in China causes the company's plant in China to close further.
He said the plant shutdown could happen within two weeks.
Like most other automakers, the Italian company also sources parts in China. As a result of the outbreak, many factories in China have extended their planned deadlines during the Chinese New Year.