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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Fiat Chrysler Automobiles NV | NYSE:FCAU | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 15.23 | 0 | 01:00:00 |
From May 2019 to May 2024
By Nora Naughton
Fiat Chrysler Automobiles NV plans to convert a factory in China to produce face masks for donation to health care workers in the U.S. fighting the spread of the novel coronavirus.
In a letter to employees Sunday, Fiat Chrysler Chief Executive Michael Manley said the conversion would begin this week. The company plans to eventually produce more than a million face masks per month at the converted plant, Mr. Manley said. The masks will then be shipped to the U.S. for use by medical personnel.
A company spokeswoman confirmed the plans but didn't provide details on which plant Fiat Chrysler plans to convert or how it would be retooled.
Fiat Chrysler engineers in Italy are also working with Ferrari and Saire Engineering, a major ventilator manufacturer, to increase production of respirators needed to treat patients who have contracted the COVID-19 virus.
(END) Dow Jones Newswires
March 23, 2020 12:43 ET (16:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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