Fiat Chrysler Automobiles (FCA) in the time of COVID-19
We look at how the eighth largest manufacturer in the world, Fiat Chrysler Automobiles (FCA), is responding to the COVID-19 emergency.
As the Coronavirus pandemic continues to spread, one company that is raising to meet the pandemic head-on is Fiat Chrysler Automobiles (FCA). We look at how it is accomplishing this.
Suspended operations in Europe and North America
The FCS has suspended its operations in both Europe and North America. Commenting on this action, FCA CEO, Mike Manley said: “Working with the UAW, and having visited many of our plants yesterday, we need to ensure employees feel safe at work and that we are taking every step possible to protect them. We will continue to do what is right for our people through this period of uncertainty.”
Manufacturing essential items
Fiat Chrysler, the Italian car manufacturer, has committed to manufacturing one million face masks a month and distributing them to the United States emergency services to fight against the pandemic.
“Production capacity is being installed this week and the company will start manufacturing face masks in the coming weeks with initial distribution across the United States, Canada and Mexico,” said Fiat Chrysler in a company statement.
Support for children during this time
The FCA has announced a commitment to supporting children during the outbreak by working with a number of charities and foundations that provide food to children. It has started by providing over 1mn meals to children within the area of its US plants in Illinois, Indiana, Michigan and Ohio, with a plan to extend nationwide across North America and Mexico.
"There has never been a more important moment to help children and their families with vital needs in our communities than during this time of great uncertainty," said FCA CEO Mike Manley.
Did you know? Yesterday, FCA announced the signing of an incremental credit facility of €3.5bn with two banks and will be available for corporate purposes as well as the working capital needs of the FCA.
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