Stellantis Warns of Irreversible Decline in European Automotive Industry
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2 Articles
The European car industry faces irreversible decline unless the European Union softens its stance on reducing emissions and gives automakers more leeway, John Elkann, chairman of the European-American automotive group Stellantis, said, according to Reuters.
The launch of the Fiat 500 hybrid production in Turin marks a breath of oxygen for the historic Mirafiori plant, with the promise of 400 hires and a pace rise as early as 2026. However, John Elkann, President of Stellantis, turned this industrial event into a political forum, alerting to the irreversible decline that threatens the European automobile without a relaxation of standards. All eyes are now on the date of 10 December, when the Europea…
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