Italy able to work with Stellantis if jobs and crops are preserved, Meloni says

ROME (Reuters) – The Italian authorities is prepared to work with Stellantis NV (NYSE:STLA) on the carmaker’s future technique supplied it retains jobs and factories within the nation, Prime Minister Giorgia Meloni mentioned on Sunday.

“We consider the financial circumstances on their very own deserves,” Meloni informed an occasion of her Brothers of Italy get together in Rome forward of a Dec. 17 assembly on the Italian automotive trade, which is able to contain Trade Minister Adolfo Urso, the automaker’s representatives and native unions.

“That is as true for Stellantis as it’s for another firm working in Italy. If the strategy is constructive, if there’s a willingness to keep up factories and jobs, we shall be able to do our half.”

After the abrupt resignation of Carlos Tavares as CEO this month, Rome hopes to restore its strained relations with the carmaker, which has 14 manufacturers together with Jeep, Ram, Fiat (BIT:STLAM) and Peugeot (OTC:PUGOY).

Italian politicians repeatedly accused Tavares of neglecting historic manufacturing websites and shifting manufacturing overseas.