Italian Auto Union to go on Strike at Fiat’s Mirafiori Plant, Affects Chrysler Plans

In order to be able to invest €1 billion (US $1.31 billion) in a joint venture with Chrysler, Fiat needed to secure agreements with all unions representing its factory workers. However, a more hard-line Italian union, FIOM, is refusing to sign the deal Fiat is proposing for the Mirafiori plant and announced that it will go on strike later this month. In retaliation, the automaker threatened to