MILAN — Fiat Chrysler is halting production through March 27 at the majority of its plants in Europe following the coronavirus crisis which is disrupting the economy.
FCA said production for its Fiat and Maserati units would stop in the next two weeks at the Italian plants of Melfi, Pomigliano, Cassino, Mirafiori, Grugliasco and Modena.
FCA’s factories in Kragujevac, Serbia, and Tychy, Poland, will also close, the automaker said.
“The temporary suspension enables the group to effectively respond to the interruption in market demand by ensuring the optimization of supply,” FCA said in a statement.
The company said the freeze would help it to resume activity promptly once market conditions allow it.
“The group is working with its supply base and business partners to be ready to enable our manufacturing operations to deliver previously planned total levels of production despite the suspension when market demand returns,” FCA said.
FCA’s Italian factories account for over 65 percent…