Stellantis said Thursday that its
Italian employees will get a bonus of 2,112 euros on average, up
from 1,879 euros last year, after the carmaker reported record
financial results for 2023, with net profit up 11% to 18.6
billion euros and revenues up 6% at 189.5 billion.
The French-Italian-US group said it sold 6.4 million vehicles
worldwide last year, compared to 6.0 million in 2022.
The share price of the group, the result of a merger between
Fiat-Chrysler and Peugeot-Citroën, on the Italian stock market
rose 4% to 23.49 euros in early trading after the results were
presented.
"The overall average bonus for Stellantis employees in Italy is
the positive result of the agreement signed last year with the
signatory unions and it recognises the contribution of the
entire Italian workforce to the company's results and the
quality of the social dialogue with the unions," said Stellantis
CEO Carlos Tavares.
He said salaries had increased 11% in two years and that the
workers also received a 600-euros special bonus thanks to the
2023 agreement.
The bonus is a much-needed boost for Stellantis's Italian
workers amid uncertainty about the carmaker's commitment to
Italy.
Stellantis CEO Carlos Tavares recently said he cannot ensure the
future of its Italian plants unless the carmaker gets major
incentives to make electric cars.
Stellantis Chairman John Elkann sough to attenuate the alarm
caused by those comments, giving reassurances during subsequent
meetings with Economy Minister Giancarlo Giorgetti, President
Sergio Mattarella, and Bank of Italy Governor Fabio Panetta,
among others.
Workers at Stellantis' historic Mirafiori plant in Turin have
been furlouged until the end of March, when the plant will stop
producing the Maserati Levante SUV, and there are also fears
about the prospects of the Pomigliano d'Arco plant near Naples.
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