London, 10 July, 2023, (Oilandgaspress) CEO of Stellantis, Carlos Tavares, reiterated today, in a very productive meeting held in Rome with the Minister of Enterprise and Made in Italy Adolfo Urso, the Company’s continuous and strong commitment to Italy, one of the three roots of Stellantis with France and USA.
Stellantis considers that this first meeting illustrates the need for continuous and fruitful dialog with all stakeholders to build together a global project for Italy that takes into consideration several factors like market forecast, affordability of cars for Italian customers, impacts of regulation like Euro 7 on Fiat Panda, incentives to maintain Italian competitiveness like cost of energy supply and transformation cost.
Stellantis trust the collective intelligence and necessary well-intended attitude of all stakeholders to create the condition to keep the leading role of Italy at the core of Stellantis strategy, in the very demanding context of electrification and Chinese competition in Europe.
Italy is benefiting from the size of Stellantis and its portfolio of 14 iconic brands, including Fiat, Maserati, Alfa Romeo and Lancia, with plans to invest and build even more models for foreign brands in Italy that will contribute positively to Italy’s trade balance. The first example is the Melfi plant, where today Carlos Tavares announced his intention to produce a fifth model in addition to the four already announced, subject to performance improvement. They will be high-value premium models for foreign brands, plus an Italian one on the brand new STLA-M platform, presented last week.
Melfi industrial site benefits from triple-digit million euros investments to support «Melfi fits for five» transformation project. The necessary improvement of the site performance, in the context of increasing competition, requiring the support of all stakeholders against the status quo, will ensure its sustainability and the possible allocation of a fifth model on its production line, that will contribute even more to Made in Italy and exports.
Confirming his “step by step” approach to sharing, which has already yielded important results in previous meetings held over the last few years with government authorities, Carlos Tavares then reconfirmed the importance of Italy for Stellantis, emphasizing the important investments that have been made.
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