STELLANTIS SEES ITALIAN PLANTS RUNNING AT FULL CAPACITY IN 2030

Stellantis sees its Italian plants running at full capacity in 2030 as plans for new models, including hybrid ones, are expected to support production, Chief Executive Carlos Tavares said on Tuesday.

Stellantis and the Italian government have fought a war of words in recent months over the automaker's falling output in the country, with Rome criticising it for moving production of some models of its historic Italian brands Fiat and Alfa Romeo to lower cost countries. Tavares said on Tuesday the company had given reassurance to unions about its production plans until the start of the next decade, and beyond in some cases. However, he criticised the high costs of energy in Italy.

Learn More