© Reuters. FILE PHOTO: The emblem of Stellantis is seen on an organization’s constructing in Velizy-Villacoublay close to Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes/File Picture
By Giuseppe Fonte and Giulio Piovaccari
ROME (Reuters) -Italy’s Business Minister and the top of Stellantis agreed on Monday on the necessity to increase automotive manufacturing in Italy, house to Stellantis manufacturers together with Fiat and Alfa Romeo, in search of to raise the determine to over a million automobiles.
Business Minister Adolfo Urso mentioned his ministry and the automaker aimed to signal a deal on Italian automobile manufacturing by the tip of the month.
“The events have agreed on the necessity to instantly intervene to reverse the destructive pattern of the most recent 20 years,” Urso mentioned after a gathering in Rome with Stellantis CEO Carlos Tavares.
Urso goals for Italy to raise manufacturing to multiple million automobiles within the coming years, a authorities official briefed in regards to the matter instructed Reuters, with out including additional particulars.
Stellantis, Italy’s main automaker, produced fewer than 700,000 automobiles within the nation final 12 months and in 2021, because it was hit by a world scarcity of microchips and different parts.
In line with the FIM-CISL metalworkers union, the group’s output in Italy is predicted to rise to round 800,000 items this 12 months.
Fiat Chrysler, which merged with France’s PSA in early 2021 to create Stellantis, produced over a million automobiles in Italy for the final time in 2017.
The trade minister mentioned he got down to the Stellantis CEO a plan developed by the federal government detailing manufacturing targets and easy methods to attain them, the necessity to broaden the variety of fashions produced in Italy and to put money into R&D.
Nonetheless, responding final week to calls from the Paris authorities to extend the variety of regionally made automobiles, together with small EV automobiles, Tavares mentioned “excessive value” international locations, such us France or Italy, may solely be house for top worth automobiles, to stability affordability for patrons and profitability for the corporate.
Stellantis presently employs round 45,000 folks in Italy, whereas based on native foyer affiliation ANFIA, the entire automotive trade employs over 270,000 folks within the nation, straight and not directly. It accounts for over 5% of Italian GDP.