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Stellantis intends to invest EUR 2B and increase production in Italy, FT reports

Stellantis intends to invest EUR 2B and increase production in Italy, FT reports

Stellantis (STLA) has committed to investing EUR 2B in Italy next year and increasing car production in the country, Amy Kazmin and Silvia Sciorilli Borrelli of Financial Times reported. The move reportedly aims to mend relations with Prime Minister Giorgia Meloni’s government after significant disagreements over addressing the escalating crisis in Europe’s automotive industry. During a roundtable discussion with several of Meloni’s cabinet ministers in Rome, Jean-Philippe Imparato, head of Stellantis’s Europe operations, emphasized the importance of collaboration, stating that Rome and Stellantis must align their efforts.

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