Urso says automotive fund of at least 750mn,not incentives

(ANSA) - ROME, DEC 4 - The government is working to increase Italy's automotive fund and reach a figure that is "at least equivalent or even higher" than the resources of the old fund, or 750 million euros, Business and Made in Italy Minister Adolfo Urso said on the sidelines of question time at the Lower House Wednesday.
    Urso explained that 200 million remain from the fund for next year, together with the 500 million already allocated from the National Recovery and Resilience Plan (NRRP) allocation for industries in the transition phase.
    But "this time, such significant resources will be entirely directed to supporting businesses and their productive investments" and not to incentives, he stressed.
    Stellantis is seeking the latest injection of government money amid slumping sales and fears of job cuts. (ANSA).