Fiat (FIATY.PK) will cut hours at its plants in Italy in order to avoid having to shut them down...

|About: Fiat Chrysler Automobiles NV (FCAU)|By:, SA News Editor

Fiat (FIATY.PK) will cut hours at its plants in Italy in order to avoid having to shut them down completely. The automaker resisted the temptation to join rivals in a burgeoning industry trend of moving more manufacturing to the U.S., Mexico, and Canada - instead of Europe and Asia.