Italian Premier Criticizes Stellantis for Reduced Production and Job Cuts

Stellantis CEO Defends Company's Performance, Citing Growth in Italian Production

Italian Premier Giorgia Meloni accuses Stellantis of weakening Italy's industrial footprint since the merger of FiatChrysler and PSA Peugeot.
Meloni cites figures showing motor vehicle production in Italy dropped from 1 million in 2017 to under 700,000 in 2022, and that Stellantis slashed 7,000 jobs since the merger.
Stellantis CEO Carlos Tavares defends the company, stating that production in Italy grew by nearly 10% last year to 752,000 vehicles, two-thirds of which were exported.
Automotive industry expert Franceso Zirpoli suggests that the decline in Italian car production is due to a shift in the technological heart of Europe from Turin to Paris following the merger.
Zirpoli notes that most of the 474,000 Stellantis vehicles produced in Italy last year for export bore the U.S. brand Jeep nameplate, not the group's storied Italian brands.