Stellantis CEO Carlos Tavares said
Thursday the Italo-Franco-US carmaker needed all its Italian
factors after sparking union alarm earlier this month by saying
some plants might be threatened unless the group got major
subsidies to make electric cars, and before the subsidies
arrived.
'To reach the target of one million vehicles we need all the
Italian plants, so there is definitely a future for Pomigliano
and Mirafiori," said the Portuguese manager at a press
conference on the 2023 accounts, which showed record profits
last year.
"New models will arrive, but I cannot say which ones yet.
"The Panda will be replaced".
On the subsidies, Tavares said "We are satisfied with the
incentives.
"A very good decision, we thank the government.
"Consumers will benefit.
"To reach the goal of producing one million vehicles we have to
work with the Italian government and that is what we are doing".
Tavares also reiterated a denial of media rumours on a possible
merger with Renault.
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