Overview

• Tens of thousands of Italian autoworkers protested in Rome, demanding better working conditions and government support for the industry.
• The strike is driven by concerns over Stellantis' plans to relocate assembly plants to low-cost countries, impacting local jobs.
• Stellantis, the world's fourth-largest automaker, faces financial challenges, expecting a loss of up to 10 billion euros this year.
• CEO Carlos Tavares attributes rising production costs to EU carbon emission rules and suggests potential plant closures and job cuts.
• The Italian government and unions are urging Stellantis to clarify its future production plans to secure the industry's future in Italy.