Automakers

As Fiat stalls, Italy's Turin struggles to stave off decline

Fiat badge in Turin
A Fiat logo is pictured on a car in front of the company's headquarters in Turin, Italy. (BLOOMBERG)
R
By:
Reuters
October 17, 2024 01:31 PM

TURIN -- The Italian city of Turin, home to Europe's oldest car factory, typifies the industrial decay that parts of the continent face as its automakers struggle with the cost of electrification, low demand, and competition from China.

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