Stellantis CEO warns of consequences if Chinese EV manufacturer sets up plant in Italy, while extending Fiat Panda production and investing in eDCT facility.
Stellantis CEO Carlos Tavares warns of potential negative consequences if a Chinese EV manufacturer sets up a plant in Italy, including threats to the company's market share and potential job losses. Tavares also announced the extension of Fiat Panda petrol city car production until 2030, aiming for affordability, and confirmed Stellantis' investment in Italy with the opening of an eDCT production facility.
April 10, 2024
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