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Marchionne initially promised to fill all European plants by the end of 2018, but in June said that goal would likely slip to the end of the current strategy plan in 2022 cufflinks without jacket uk sale. The Fiat brand will be reduced to a few models such as the iconic 500 and the popular Panda hatchback. The 500 family in particular will become a big part of the company’s electric vehicle drive in Europe. The Mirafiori plant in Fiat’s hometown of Turin may be chosen to assemble the new electric Fiat 500, the sources said, but added the plans were not yet final, especially as the combustion engine version is currently made in Poland..
Mirafiori may also be used to revive the Fiat 500 Giardiniera wagon, they added. Mirafiori already produces the Maserati Levante, but sales of the luxury SUV fell sharply in recent months due to weak Chinese demand. The Levante platform may also be used to produce a new SUV for the Alfa Romeo brand, bigger than the Stelvio SUV that was launched in 2016, the people said. Maserati’s sporty Alfieri model will likely be made in the brand’s hometown of Modena, the sources added cufflinks without jacket uk sale. The world’s seventh-largest carmaker in June outlined a global plan to ramp up production of SUVs and invest 9 billion euros ($10.2 billion) – out of a total spending plan of around 45 billion euros – in electric and hybrid cars in an effort to double operating profit by 2022..
(Reuters) – Esprit Holdings Ltd (0330.HK) will cut about 40 percent of its non-store jobs and reduce the number of products its sells in stores as the fashion group restructures in the wake of tough competition from online and fast-fashion retailers. The company said it plans to reduce the line of products by up to 30 percent and push for more neutral colors, such as black, white, grey and beige for clothing. “Esprit has changed maybe too much cufflinks without jacket uk sale. And we don’t know what we stand for,” the Europe-focused retailer said in an investor presentation on Monday. “We’ve lost touch with our audience.”..
DHAHRAN, Saudi Arabia (Reuters) – Saudi Aramco will expand its market share in Asia despite likely OPEC limits on output next year, and is eyeing deals in China and Africa as it aims to become a global leader in chemicals, the head of the world’s top oil producer said on Monday. Amin Nasser, chief executive of the state oil giant, told Reuters that his company would abide by any OPEC agreement to cut crude production in 2019, less than two weeks before the exporter group meets to decide output policy cufflinks without jacket uk sale.
But he added that he still sees growth opportunities in Asia – identifying China, India, Malaysia and Indonesia – and will push ahead with refining ventures to guarantee new outlets for Aramco’s crude. “We are always going to be attempting to expand our market share but at the same time the company is obliged to meet any agreement by OPEC,” Nasser said in an interview in Dhahran, Saudi Arabia. “Asia is a very important market for us. We are looking at two potential JVs (joint ventures) for refineries in China right now cufflinks without jacket uk sale. We continue to expand our market share in different markets..