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Home»Stock Market»Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says By Reuters
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Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says By Reuters

December 27, 2024No Comments1 Min Read
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ROME (Reuters) – Italian Prime Minister Giorgia Meloni stated on Sunday that the Italian government is open to collaborating with Stellantis NV (NYSE:) on the carmaker’s future plans as long as it prioritizes preserving jobs and factories within the country.

Speaking at an event organized by her Brothers of Italy party in Rome, Meloni emphasized the importance of evaluating economic cases independently. She mentioned an upcoming meeting on December 17 concerning the Italian automotive industry, which will involve Industry Minister Adolfo Urso, representatives from Stellantis, and local unions.

“Our approach is based on assessing each situation objectively. Whether it is Stellantis or any other company operating in Italy, if there is a genuine commitment to retaining factories and jobs, we are prepared to cooperate,” Meloni stated.

© Reuters. FILE PHOTO: Banners showing logos of Fiat, Jeep, Abarth and Alfa Romeo are hung outside a car dealership in Milan, Italy, November 21, 2024. REUTERS/Alessandro Garofalo/File Photo

Following the unexpected resignation of Carlos Tavares as CEO, the Italian government aims to mend its strained relationship with Stellantis, which encompasses 14 brands such as Jeep, Ram, Fiat (BIT:), and Peugeot (OTC:).

Italian officials have criticized Tavares in the past for allegedly disregarding established manufacturing facilities and relocating production overseas.

Italy jobs Meloni plants preserved ready Reuters Stellantis work
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