Ten thousand jobs in addition, a Brazilian who has almost overtaken Italy as the economic weight for the group, a decrease in compensation for the CEO Sergio Marchionne. These are the main novelties of the Fiat 2010 budget, approved last Friday by the board of the Lingotto and published yesterday in its entirety, which includes a budget for the last time together in the car business and those in trucks and industrial vehicles, unbundled January 1, Industrial in Fiat.
In late December, officials on both sides of the Fiat group were 199,924, an increase of 9,910 units compared to 2009. The change is half the increase employment, which "was mainly about the workers in Latin America and is primarily due to higher production volumes in 'the other 50% comes from changes in the scope of the Group, which resulted in a net increase of to about 4,900 units, including the consolidation of the Fiat-GM Powertrain Polska Serbia and the start of Fiat Automobiles. The growth of Latin America stems mainly from Brazil, where the group's turnover rose to € 11.9 billion to a level almost equal to that achieved in Italy. Just for the Fiat SpA is still the largest market in our country (9.8 billion against 9.2 Brazil); Industrial Fiat has the largest export market in the U.S. (4.3 billion through CNH) ahead of Brazil and Italy. Trade with Chrysler is still limited: less than € 200 million in revenues for Fiat, the sale of components and production systems, and 226 million in costs for the purchase of approximately 13 thousand cars of the American group that Fiat sold in Europe last year. The weight is expected to grow with the progress of integration between the two groups until the merger likely in the medium term. The stake in Chrysler is still valued at zero as zero worth in the budget options for increasing the share to 51 percent. Worth 132 million share in RCS, which is the equivalent of more than 53 million purse.
source: Infomotori
