Fiom Torino
Fiom Torino is the Turin branch of the Federazione impiegati operai metallurgici (Fiom), the CGIL-affiliated metalworkers' union. It follows the disputes of workers in the local automotive and industrial machinery sector, with particular attention to the companies linked to Exor, including CNH Industrial and, in the past, Iveco.
The sale of CNH Construction Equipment
On 9 November 2026, CNH Industrial announced an agreement with Japan's Kobelco Construction Machinery for the sale of 70% of its Construction Equipment division, which makes earth-moving machinery, in a new joint venture under Japanese control worth around a billion dollars overall. The deal will bring CNH proceeds of 700 million dollars, with the company retaining a 30% stake, and completion is expected by the end of 2027 [1][2].
Edi Lazzi, Fiom Torino's general secretary, called the deal "yet another worrying sign of industrial disengagement by the Exor holding company", linking it to the earlier sale of Iveco to Tata Motors and speaking of "a further disposal of strategic assets for our country, with serious uncertainties that risk falling entirely on workers" [1].
Concerns over jobs
Ugo Bolognesi, Fiom's officer for CNH, recalled that Turin has already lost the production of earth-moving machinery once assembled at the San Mauro plant, now converted into a logistics hub for Iveco. Bolognesi said he feared the sale to Kobelco could also affect the roughly 200 Turin employees involved in the deal, and announced that the union would act "to demand guarantees and certainty for the future of workers" [1].
Timeline
- — The Mirafiori plant enters a fourth consecutive week of layoffs (cassa integrazione), with Fiom disputing the company's explanation of a shortage of materials. → TorinoOggi
- — CNH Industrial sells 70% of its Construction Equipment division to Japan's Kobelco Construction Machinery in a billion-dollar joint venture; Fiom Torino denounces a new sign of industrial disengagement after the sale of Iveco. → TorinoOggi Quotidiano Piemontese
Sources
- TorinoOggi — 9 November 2026
- Quotidiano Piemontese — 9 November 2026