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Old February 28th, 2020, 01:03 AM
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Default FIAT To Cut 1500 Workers Due To No Demand For Mini-Vans Of Shrinking Families

FIAT To Cut 1500 Workers Due To No Demand For Mini-Vans Of Shrinking Families

Excerpt: If the consumer has gone cold or just silly millennials not forming families because of their limited financial mobility due to insurmountable debts, minivan demand in North America is plunging, resulting in planned production cuts and job losses at one Fiat Chrysler Automobiles plant in Canada.

Bloomberg reports Fiat will cut production output at its minivan plant in Windsor, Ontario, beginning June 29. The wind-down of the factory will result in the loss of 1,500 jobs. The Italian-American automaker is phasing out the Dodge Grand Caravan by May. The plant will continue to build Chrysler Pacifica and Voyager minivans but at lower volumes.

- zerohedge.com

The future is fast approaching which includes tiny, "smart" cars or people just riding buses as they go along life as single, self-absorbed souls who can only play video games as opposed to fix a car or a house project.

Seriously... our generations are becoming more alone and dependent as opposed to flush with family and real friends, able to fix things as independent thinkers.

All one has to do is assess the market to see what is selling and what isn't. FIAT is simply more proof in the narrative that the new generations are weakening.
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