According to media reports, Stellantis, as Italy's sole major car manufacturer, stated on April 10th that Chinese automakers producing cars in Italy could lead to some difficult decisions for the company, including plant closures.
Previously, the Italian government indicated that it was in negotiations with Tesla and Chinese car manufacturers, including Chery, to attract one of them to produce cars in Italy, aiming to boost Italy's car production after years of decline.
Carlos Tavares, CEO of Stellantis, mentioned at an event in Turin, "If someone wants to introduce competition from China into Italy, we may have to make some unpopular decisions, and those responsible for this need to take responsibility. If we face pressure, our only option is to redouble efforts, improve production efficiency, and enhance competitiveness."
Tavares expressed that introducing other automakers could likely result in Stellantis losing market share and experiencing a decline in sales. He stated, "We may not need as many plants in the future. We are prepared for battle, but battles cause casualties."
Tavares also addressed speculations about Stellantis planning to divest from Italy as "fake news." He said, "We are making substantial investments in Italy." In recent months, Tavares has clashed with the government over production levels in Italy for Stellantis.
Stellantis announced extending the production period for its bestselling Fiat Panda gasoline model until 2030, providing customers with affordable options.
The internal combustion engine version of the Panda, produced near Naples in Pomigliano d'Arco, was initially set to cease production in 2027, with the electric version expected to be unveiled later this year.
