Stellantis, the world's fourth largest carmaker, presented a plan to revitalize its Italian operations, promising increased production from 2026. The plan aims to bolster relations with the Italian government, despite a challenging outlook for the European automotive industry. Stellantis will invest €2 billion in Italy in 2025 alone and keep all its Italian factories open. The Italian government will provide €1.6 billion to support the country's automotive supply chain.
Executives from Stellantis and economic, labor and economic development ministers sit during a meeting held at the Ministry of Enterprise and Made in Italy in Rome on Dec. 17.on Tuesday presented an upbeat plan to revitalize its output in Italy , aimed at drawing a line under months of fraught relations with the government, but with production only set to grow from 2026.
For his part, Industry Minister Adolfo Urso, who hosted a meeting in Rome with representatives of Stellantis, suppliers and trade unions to discuss the plan, pledged to spend €1.6 billion to support Italy’s automotive supply chain. Over €1 billion will be made available next year. He added the automaker would invest €2 billion in Italy in 2025 alone. Stellantis is the sole major automaker in Italy, where it employs around 40,000 people.
“If the market responds, we will meet all the figures we have in mind,” he said in a media briefing after the meeting. “I do not want make promises I cannot keep.”
Automotive Stellantis Italy Automotive Industry Production Investment
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lake Placid working with Italian officials as a backup sliding site for 2026 Winter GamesLake Placid, N.Y., would play host to bobsled, luge and skeleton events for the 2026 Olympics if a track currently being rebuilt in Italy isn't finished in time for the Milan-Cortina Games, officials said Wednesday.
Read more »
Lake Placid working with Italian officials as a backup sliding site for 2026 Winter GamesLake Placid, N.Y., would play host to bobsled, luge and skeleton events for the 2026 Olympics if a track currently being rebuilt in Italy isn't finished in time for the Milan-Cortina Games, officials said Wednesday.
Read more »
Lake Placid working with Italian officials as a backup sliding site for 2026 Winter GamesLake Placid, N.Y., would play host to bobsled, luge and skeleton events for the 2026 Olympics if a track currently being rebuilt in Italy isn't finished in time for the Milan-Cortina Games, officials said Wednesday.
Read more »
Toronto’s 2026 World Cup office growing as tournament kickoff nears 500 days awayPeter Montopoli, chief tournament officer for the Canadian end of 2026 World Cup, says the staff numbers will soon reach 80
Read more »
FIFA economic assessment sees positive numbers arising from 2026 World CupTORONTO — The 2026 FIFA World Cup will contribute up to $3.8 billion in 'positive economic output' for Canada as a host nation, according to a FIFA economic impact assessment.
Read more »
Soccer's 'worst' national team rises toward 2026 World Cup chance after Nations League group winGENEVA (AP) — The official worst national team in men's soccer is within sight of entering qualifying playoffs for the 2026 World Cup in North America. San Marino’s stunning progress this year, as the team ranked No.
Read more »