Fiat Chrysler Extends North American Plant Closures Through May 4
April 06 2020 - 4:44PM
Dow Jones News
By Nora Naughton
Fiat Chrysler Automobiles NV is extending some of its North
American factory closures through early May.
The automaker said Monday it plans to progressively restart
plants in the U.S. and Canada beginning May 4, while Mexico
factories will be addressed separately.
The company said it is working with its unions and government
officials in both countries to put in place new safety procedures
and reconfigure work spaces in accordance with social-distancing
guidelines.
Fiat Chrysler agreed last month to close plants and send workers
home in an attempt to curb the spread of the coronavirus. The
automaker previously intended to re-open plants as early as April
14. Closing plants is an immediate hit to the bottom line, as car
companies book revenue when vehicles are shipped to dealers from
the factory.
Write to Nora Naughton at Nora.Naughton@WSJ.com
(END) Dow Jones Newswires
April 06, 2020 16:29 ET (20:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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