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Maserati workers to work reduced hours at Italy plant

Published 03/20/2024, 07:48 AM
Updated 03/20/2024, 07:51 AM
© Reuters. A view of a Maserati logo of the 1958 Maserati 450S by Fantuzzi estimated to auction for 9 to 11 million dollars, during a media preview of the RM Sotheby’s Monterey sale, the biggest car auction of the year, at Sotheby’s in New York City, New York, U
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MILAN (Reuters) - Hundreds of workers producing Maserati cars at the Mirafiori plant in the northern Italian city of Turin will be placed on reduced hours contracts for the rest of the year, unions said on Wednesday.

The changes will affect a maximum of 968 workers on the Maserati line at the plant, owned by automaker Stellantis (NYSE:STLA), and are a result of the timing of the transition to new models.

Such contracts are introduced in Italy when output falls and mean a cut in wages in exchange for part-time working.

© Reuters. A view of a Maserati logo of the 1958 Maserati 450S by Fantuzzi estimated to auction for 9 to 11 million dollars, during a media preview of the RM Sotheby’s Monterey sale, the biggest car auction of the year, at Sotheby’s in New York City, New York, U.S., July 14, 2022.  REUTERS/David 'Dee' Delgado/File Photo

Luigi Paone, general secretary of the Uilm union in Turin, said the "situation was getting ever more complicated for workers in the auto sector" in the city.

Stellantis confirmed the plans for the Maserati workers. It has already scaled back operations at Mirafiori since February because of weak demand for its fully-electric Fiat 500 small car.

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