Stellantis Unveils €8 Billion Italian Investment Plan

Stellantis has announced a significant investment plan to boost car production in Italy, committing €2 billion in 2025 and an additional €6 billion into the local supply chain. This move aims to maintain employment and strengthen local manufacturing amid tensions with the Italian government over concerns about shifting production overseas. The automaker will keep all its Italian plants operational, introducing new hybrid and electric models across various sites, including the production of Fiat Pandina and Alfa Romeo models. The initiative is part of a broader strategy to revamp operations following CEO Carlos Tavares' resignation, with an executive committee currently leading the company. The Italian government has pledged €1.6 billion to support the automotive supply chain, ensuring Stellantis' continued presence in the country without public incentives. The plan addresses local and regional concerns about job security and the future of Italian car production.