Italy is poised to play a pivotal role in the future strategy of Stellantis (NYSE:), with Industry Minister Adolfo Urso emphasizing the importance of safeguarding the automaker’s factories on Italian soil.
“There needs to be a concrete plan for Italy within Stellantis’ overall strategy that prioritizes the protection of our national manufacturing facilities,” Urso stated during an event in Rome, leading up to a crucial meeting on the Italian automotive industry on Dec. 17, which will also involve trade unions.
Following the sudden departure of CEO Carlos Tavares earlier this month, Rome is aiming to mend its strained relationship with the carmaker, which includes iconic brands like Fiat and Alfa Romeo.
Italian officials have frequently criticized Tavares for neglecting historic production sites and shifting operations overseas.
“With Tavares gone, there is a chance for a fresh start. He failed to grasp the reality of the situation,” Urso remarked at a gathering of his Brothers of Italy party.
Urso noted a shift in perspective when Stellantis Chairman John Elkann personally informed Prime Minister Giorgia Meloni about Tavares’ resignation.
Urso expressed the government’s desire for Stellantis to commit “significant financial resources” to ensure Italy maintains a competitive edge in the automotive sector.
Giuseppe Manca, the head of human resources and industrial relations for Stellantis in Italy, echoed Urso’s sentiments, expressing optimism for positive outcomes from the upcoming meeting on Tuesday.