Fiat to cut car production by perhaps 100,000 in 2001

ROME - Italian auto maker Fiat will cut its production in the wake of the suicide attacks on the United States by some 100,000 units in 2001, honorary Chairman Gianni Agnelli said on Thursday.

"There is not doubt, in the past three to four weeks we have had a noticeable fall in car orders," Agnelli said on the sidelines of a conference.

"We will cut car production perhaps by 100,000 units by year-end."

He added that the economic impact these cuts will have on the company will be announced later. He did not specify when.

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