AIRLINK 212.82 Increased By ▲ 3.27 (1.56%)
BOP 10.25 Decreased By ▼ -0.21 (-2.01%)
CNERGY 7.00 Decreased By ▼ -0.35 (-4.76%)
FCCL 33.47 Decreased By ▼ -0.92 (-2.68%)
FFL 17.64 Decreased By ▼ -0.41 (-2.27%)
FLYNG 21.82 Decreased By ▼ -1.10 (-4.8%)
HUBC 129.11 Decreased By ▼ -3.38 (-2.55%)
HUMNL 13.86 Decreased By ▼ -0.28 (-1.98%)
KEL 4.86 Decreased By ▼ -0.17 (-3.38%)
KOSM 6.93 Decreased By ▼ -0.14 (-1.98%)
MLCF 43.63 Decreased By ▼ -1.57 (-3.47%)
OGDC 212.95 Decreased By ▼ -5.43 (-2.49%)
PACE 7.22 Decreased By ▼ -0.36 (-4.75%)
PAEL 41.17 Decreased By ▼ -0.53 (-1.27%)
PIAHCLA 16.83 Decreased By ▼ -0.47 (-2.72%)
PIBTL 8.63 Increased By ▲ 0.08 (0.94%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 183.03 Decreased By ▼ -6.00 (-3.17%)
PRL 39.63 Decreased By ▼ -2.70 (-6.38%)
PTC 24.73 Decreased By ▼ -0.44 (-1.75%)
SEARL 98.01 Decreased By ▼ -5.95 (-5.72%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 41.73 Increased By ▲ 2.49 (6.35%)
SYM 18.86 Decreased By ▼ -0.30 (-1.57%)
TELE 9.00 Decreased By ▼ -0.24 (-2.6%)
TPLP 12.40 Decreased By ▼ -0.70 (-5.34%)
TRG 65.68 Decreased By ▼ -3.50 (-5.06%)
WAVESAPP 10.98 Increased By ▲ 0.26 (2.43%)
WTL 1.79 Increased By ▲ 0.08 (4.68%)
YOUW 4.03 Decreased By ▼ -0.11 (-2.66%)
BR100 11,866 Decreased By -213.1 (-1.76%)
BR30 35,697 Decreased By -905.3 (-2.47%)
KSE100 114,148 Decreased By -1904.2 (-1.64%)
KSE30 35,952 Decreased By -625.5 (-1.71%)

Thousands of workers from Italy's auto group Fiat marched through the streets of Turin on Saturday shouting for job guarantees as the company moves to create what would be the world's second-biggest auto maker. Blowing whistles, sounding horns and waving banners, the protesters from factories around the country vented their fears that ambitious deals planned by Fiat with Chrysler and General Motors could lead to plant closures and job losses.
Trade unions claimed 15,000 workers gathered at Fiat's headquarters in the northern Italian city, while police put the total nearer 3,000. The most vociferous groups came from the Pomigliano plant in Naples, which has a history of militancy.
"We've been at home on reduced pay for almost a year," said Pomigliano worker Milena Giammattei. "Fiat has never answered any of our concerns." The Italian car maker is seeking alliances with Chrysler and General Motors Corp's European unit Opel in an expansion strategy to weather the downturn in global auto markets.
Many workers appeared more angry with Silvio Berlusconi's centre-right government for not calling on Fiat to begin talks with unions than with the group's Chief Executive Sergio Marchionne, who won some praise for his expansion strategy. Marchionne said on Friday he was ready to talk with Italian unions after making more progress in negotiations with Opel, but workers fear that will be too late.
"We want a meeting now between the prime minister, Marchionne and us, not when they have already decided everything," Giorgio Cremaschi, the head of Fiat's main trade union, the FIOM, told Reuters. US and German unions have so far appeared to be putting up stronger opposition to the deals, fearing they have more to lose than the unions in Italy.
Marchionne, who took the helm in 2004, got rid of many white collar workers at the group when he arrived in 2004 and saved blue collar workers, leaving him respected with a less antagonistic relationship with unions. In newspaper interviews on Saturday, Economy Minister Giulio Tremonti and Industry Minister Claudio Scajola both said they had received commitments by Fiat not to cut jobs in Italy, but the marchers seemed far from convinced.

Copyright Reuters, 2009

Comments

Comments are closed.