Stellantis pledges invest $2.1 million in Italian production in 2025 during talks with government

Associated Press

MILAN (AP) — The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chain. The head of European operations for the world’s fifth-largest carmaker made the pledge during a meeting with Italian ministers, regional officials and unions following the forced resignation of former CEO Carlos Tavares earlier this month. The Italian government was seeking reassurances of Stellantis’ commitment to Italy.