Fiat Chrysler CEO says group to produce face masks in Asia: union representative

MILAN (Reuters) – Fiat Chrysler Chief Executive Mike Manley told employees that the carmaker would help with the production of masks during the coronavirus emergency, a union representative said on Monday.

Manley said one of the group’s plants in Asia would be converted to produce face masks for healthcare workers and would quickly reach a target of one million masks per month, UILM union representative Gianluca Ficco said, quoting a letter sent by the CEO to employees.

Fiat Chrysler and luxury carmaker Ferrari (NYSE:) are also in talks with the nation’s biggest ventilator manufacturer to help it boost production of the life-saving machines which are urgently needed in the coronavirus crisis, company officials said last week.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.