(Finance) – Il Minister of Business and Made in Italy, Adolfo Ursoprovided a briefing on the case to the Council of Ministers Stellantisafter the round table that took place at Mimit last December 17th. On that occasion, Urso reportedly reported, “the company presented an Italy Plan which places our country at the center of its strategies, through the increase in models in production and the safeguarding of employment levels by initiating employee insertion, updating and retraining processes. Stellantis has announced the investments it will make in Italy: for 2025, 2 billion euros are expected for factories and 6 billion euros in purchases from suppliers operating in our country. A significant commitment which represents a turning point compared to what has been done so far, all the more important because it goes against the trend with what is happening in the rest of Europe.”
“Since September – the Minister reportedly said – we have witnessed an increasing sequence of announcements regarding the closure of factories in Europe, the reduction of workforce and the downsizing of investment plans. In this context, Italy, together with the Czech Republic, has promoted and presented a non-paper at the Competitiveness Council on 28 Novemberwith the aim of reviewing the methods that will lead to the cessation of internal combustion engines in 2035, as required by the EU regulation on light vehicles. Even more urgent revision – Urso would have argued – in light of the dramatic statement released yesterday byAssociation of European Automobile Manufacturers (ACEA)who reiterated the need for immediate intervention to save the sector”.
The Minister also reported that “the non-paper has gathered broad consensus: 15 EU countries expressed their support for the proposals contained in the documentbased on key principles such as technological neutrality, the need for common resources for the sector and strategic autonomy in the electric battery value chain. The full support found in the joint document of the business associations of Italy, Germany and France, as well as the support of the main European associations of SMEs and ACEA, strengthen our position. The EPP parliamentary group has too developed a document that fully embraces the Italian line. The Italian proposal, thanks to the work that the government is carrying out, is now at the center of the European Commission’s agenda.”