Stellantis Boosts Italian Supplier Spend, Seeks EU Carbon Emission Flexibility

Stellantis, the parent company of Fiat, has pledged to invest over seven billion euros in Italian suppliers by 2025, a significant increase from their previous commitment. This investment comes as a positive sign for Italys auto industry, which has been struggling with declining production. Despite this, Stellantiss production in Italy is still expected to decrease further in 2025. The companys future growth also hinges on upcoming EU decisions regarding carbon emission rules, with Stellantis advocating for softer regulations to avoid an irreversible decline in the European car industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.