Stock Market News

Italy must be key part of Stellantis’ plans, industry minister says

2024.12.14 07:11

ROME (Reuters) – Italy expects to be a central part of Stellantis (NYSE:)’ future strategy and wants the Fiat (BIT:) automaker to safeguard the factories on its territory, Industry Minister Adolfo Urso said on Saturday.

“There must be an assertive Italy plan within Stellantis’ industrial plan that protects national factories,” Urso told an event in Rome ahead of a key meeting on the Italian automotive industry on Dec. 17, also involving trade unions.

After the abrupt resignation of Carlos Tavares as CEO earlier this month, Rome hopes to fix its strained relations with the carmaker, whose brands also include Alfa Romeo.

Italian politicians repeatedly accused Tavares of neglecting historic manufacturing sites and moving production abroad.

“There’s no more Tavares, he didn’t understand the reality,” Urso told an event of his Brothers of Italy party.

He said they understood that things had changed when Stellantis Chairman John Elkann called Prime Minister Giorgia Meloni to inform her of the CEO’s departure.

© Reuters. FILE PHOTO: People walk next to the N.13 gate of the Franco-Italian automaker Stellantis factory of Mirafiori, in Turin, Italy October 15, 2024. REUTERS/Remo Casilli/File Photo

Urso said the government wanted Stellantis to pledge “significant financial resources” to ensure Italy kept a competitive auto industry.

Giuseppe Manca, the head of human resources and industrial relations for Stellantis in Italy, joined Urso on the panel dedicated to the auto sector and said he hoped “good news” could come out of the meeting planned for Tuesday.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 89,063.86 1.02%
ethereum
Ethereum (ETH) $ 2,488.99 4.09%
tether
Tether (USDT) $ 0.999452 0.04%
xrp
XRP (XRP) $ 2.31 9.35%
bnb
BNB (BNB) $ 626.98 3.31%
solana
Solana (SOL) $ 140.25 2.71%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.212661 5.40%
cardano
Cardano (ADA) $ 0.687414 6.98%
staked-ether
Lido Staked Ether (STETH) $ 2,483.85 4.04%
tron
TRON (TRX) $ 0.230635 0.46%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 88,878.81 0.93%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,970.47 4.25%
chainlink
Chainlink (LINK) $ 15.53 7.07%
litecoin
Litecoin (LTC) $ 126.00 12.85%
sui
Sui (SUI) $ 3.01 11.37%
avalanche-2
Avalanche (AVAX) $ 22.35 6.89%
stellar
Stellar (XLM) $ 0.297967 7.83%
the-open-network
Toncoin (TON) $ 3.58 6.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 7.09%
hedera-hashgraph
Hedera (HBAR) $ 0.199644 11.20%
leo-token
LEO Token (LEO) $ 9.00 0.11%
usds
USDS (USDS) $ 1.00 0.02%
mantra-dao
MANTRA (OM) $ 7.61 1.54%
polkadot
Polkadot (DOT) $ 4.85 13.02%
weth
WETH (WETH) $ 2,488.82 4.29%
hyperliquid
Hyperliquid (HYPE) $ 20.44 15.33%
bitcoin-cash
Bitcoin Cash (BCH) $ 296.46 5.68%
ethena-usde
Ethena USDe (USDE) $ 0.999958 0.01%
bitget-token
Bitget Token (BGB) $ 4.30 1.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,639.81 4.34%
uniswap
Uniswap (UNI) $ 8.28 7.37%
monero
Monero (XMR) $ 223.36 1.73%
whitebit
WhiteBIT Coin (WBT) $ 26.85 0.81%
near
NEAR Protocol (NEAR) $ 3.08 7.55%
pepe
Pepe (PEPE) $ 0.000008 8.89%
aptos
Aptos (APT) $ 5.72 7.15%
dai
Dai (DAI) $ 0.99978 0.00%
bittensor
Bittensor (TAO) $ 379.87 4.77%
aave
Aave (AAVE) $ 210.08 7.50%
internet-computer
Internet Computer (ICP) $ 6.58 9.67%
ondo-finance
Ondo (ONDO) $ 0.991511 7.24%
susds
sUSDS (SUSDS) $ 1.04 0.01%
ethereum-classic
Ethereum Classic (ETC) $ 18.98 4.81%
okb
OKB (OKB) $ 46.59 3.84%
gatechain-token
Gate (GT) $ 22.15 6.18%
mantle
Mantle (MNT) $ 0.797297 2.49%
official-trump
Official Trump (TRUMP) $ 13.09 2.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.30 2.52%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 89,047.86 1.02%