Fiat Chairman John Elkann and CEO Sergio Marchionne have both this week 
						expressed satisfaction with the positive vote amongst 
						union members on plans the Mirafiori plant in Turin 
						which will safeguard its immediate future.Last 
						Thursday's high-profile vote, which resulted in a 
						wafer-thin majority in favour of Fiat managements' 
						proposals, which will see a range of new SUV-style vehicles being 
						built for Fiat Group Automobiles and Chrysler Group 
						brands, after the embattled plant's union members 
						reached agreement to accept a raft of new working 
						conditions.
						
						Statement 
						from Fiat CEO, Sergio Marchionne 
						
						We are pleased 
						that the majority of workers at Mirafiori have 
						understood Fiat’s commitment to transform that plant 
						into one of international standing. We are pleased 
						because their vote demonstrates their confidence in 
						themselves and their future. They have chosen not only 
						to say "yes" to a new opportunity for Mirafiori, the 
						opportunity to work and compete with the best. They have 
						also chosen to take their destiny into their own hands, 
						to take an historic step and become the architects of 
						something new and important. 
						In a country 
						such as Italy, which has always been tied to the past 
						and reluctant to change – [the] referendum was in part a 
						demonstration of that – those who voted yes showed 
						vision. Their vote represents a desire to achieve rather 
						than being resigned to decline. It represents a courage 
						to overcome the inaction of those who just talk and 
						expect things to happen. 
						I have always 
						been extremely proud of what Mirafiori represents for 
						Fiat, of its role as custodian of our Group’s and our 
						nation’s industrial heritage, and of the capability it 
						has always demonstrated. Mirafiori and those who work 
						there did not give up when, in 2004, many were 
						predicting the plant would close. Together we brought 
						the plant back from the brink of despair, giving it back 
						its dignity and future. 
						The majority of 
						our workers have not allowed themselves to be 
						conditioned by the many accusations and attacks of those 
						that sought to gamble with their future. They have 
						chosen instead to commit themselves, to dedicate their 
						abilities and passion to making a difference. This is 
						the best response to the lies and provocations of recent 
						months. By saying "yes" to the agreement, they have 
						closed the door on extremism, that creates nothing but 
						chaos, and they have opened the door to the future, to 
						the privilege of transforming Mirafiori into a factory 
						of excellence. I hope that those who voted no, putting 
						aside their ideologies and preconceived notions, will 
						realize the importance of the agreement in safeguarding 
						the future of all workers. 
						The plan for 
						the Mirafiori plant is very ambitious. The company to be 
						created in partnership between Fiat and Chrysler will 
						enable establishment of a new platform at Mirafiori for 
						the construction of large SUVs for distribution under 
						both the Jeep and Alfa Romeo brands worldwide, including 
						in the United States. This will allow us to achieve very 
						high production levels, of up to 280,000 vehicles per 
						year, and also open the way for the potential creation 
						of jobs. 
						The sole 
						purpose of the agreement that serves as the basis for 
						achieving all of this – the same agreement that has been 
						at the center of so much conflict – is to ensure the 
						plant works more effectively, without infringing on any 
						rights. It doesn’t penalize workers in any way. Rather, 
						it maintains unchanged all conditions of the national 
						collective agreement which are in their favor, as well 
						as all those conditions which Fiat has over time 
						extended to its workers directly.
						The work 
						organization is, in fact, the same that has been 
						experimented with at Mirafiori for more than 2 years and 
						takes account of the level of fatigue associated with 
						the type of work performed. The introduction of 18 
						shifts includes a Saturday evening shift which is the 
						most problematic. Accordingly, it has been agreed that, 
						even though workers are still compensated, it will only 
						be activated if there is a real need and, in any case, 
						will be treated as overtime. Full utilization of the 18 
						shifts would also enable an increase in annual pay of 
						around 3,500 euros per year. We have also taken account 
						of other needs relating to overtime. As employees cannot 
						always be available, we have instituted the option of 
						substituting up to 20% of those workers who are unable 
						to work overtime. By revising the system of breaks, 
						reducing them to 30 minutes and monetizing the 
						difference, we have also brought ourselves into line 
						with standard practice at factories throughout the rest 
						of Europe and the world. 
						For sick leave, 
						in relation to which many absurd things have been said, 
						the agreement simply provides for monitoring of the rate 
						of absenteeism, to avoid potential abuse. A commission 
						operated jointly with trade unions will evaluate, on an 
						individual basis, cases where the company is not liable 
						to cover absences. The purpose of this clause is to call 
						attention to the problem, by provoking individual 
						conscience and sense of responsibility, and I hope that 
						it is never invoked. Finally, we have simplified the 
						compensation structure which will make pay-slips easier 
						to read and also have a positive effect in the case of 
						overtime or shift work, with supplements being applied 
						to basic pay, which is higher than current minimum 
						contractual values. 
						As the majority 
						of our workers have understood, there is nothing 
						exceptional in the Mirafiori agreement, other than the 
						opportunity to relaunch the plant and give it the 
						profile it deserves internationally. The criticisms 
						leveled at us have been unjust and often frustrating. 
						When you see your efforts being misrepresented, you 
						sometimes ask yourself if it is really worth it. The 
						majority of workers at Mirafiori have given the clear 
						message that commitment to building something better is 
						always worthwhile. 
						
						Statement 
						from Chairman of Fiat, John Elkann 
						
						I am grateful 
						to those who have shown confidence in the future and in 
						Fiat: their choice opens new prospects for the men and 
						women who work at the Mirafiori plant. The desire to 
						remain in the game has won out: we will demonstrate that 
						in Italy it is still possible to make great cars that 
						are appreciated around the world. Now it is time to put 
						away the rhetoric and conflict, and confront the 
						challenges ahead of us in a constructive manner. On 
						behalf of my family, I confirm our full and steadfast 
						support.