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Marchionne will not close Fiat factories in Italy, report says

Marchionne says he is exploiting the strong car market in the U.S. in order to "protect the presence of Fiat in Italy and Europe."
September 18, 2012 05:00 AM

MILAN (Reuters) -- In a response to calls for clarity about Fiat's future investment plans, Fiat CEO Sergio Marchionne said the Italian automaker will not close any of its six Italian factories despite a plunging domestic car market.

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