Stellantis and Italian Government Clash Over Car Production and Subsidies
A heated dispute has erupted between Italian Prime Minister Giorgia Meloni and Stellantis CEO Carlos Tavares, revealing a new reality for European automakers.
Once reliant on the domestic market, these automakers have now become global players, leveraging the European Union’s surplus of car factories to secure better deals from governments.
Stellantis, the result of a merger between France’s Peugeot PSA, Italy’s Fiat, and Detroit’s Chrysler, is responsible for the majority of Italy’s car production.
With falling sales in Europe, Stellantis has shifted production to other locations within its global network.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
