Falling sales of lorries mean Fiat Industrial's Iveco is to shut five plants by the end of this year.

They are at Chambery in France; Graz in Austria, and the German factories at Ulm, Weisweil and Goerlitz.

A total of 1,075 workers will either lose their jobs or be redeployed.

Iveco's chief executive Alfredo Altavilla said the "painful closures" will boost the overall business.

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