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Think govt will find 1 bn for auto sector says Tajani

Amid fears of Stellantis job losses, more offshoring

Think govt will find 1 bn for auto sector says Tajani

Redazione Ansa

(ANSA) - ROME, DEC 10 - Deputy Premier and Foreign Minister Antonio Tajani said Tuesday he thought the government would be able to find in the 2025 budget some one billion euros for Italy's struggling car sector amid slumping Stellantis sales and fears of further job cuts.
    Trade unions have said another 12,000 jobs are at risk while Stellantis has said it needs money to be able to guarantee Italian plants amid rumours of more offshoring of production.
    Stellantis contractor Trasnova last week announced almost 100 redundancies.
    "I think we will find about 1 billion to support the car industry", said Tajani to Rai state broadcaster when interviewed on Monday night's government summit on the budget.
    "Yesterday we decided on a series of initiatives to support the industry, both the reduction of the (business tax) IRES, we gave a signal with the tax wedge, and we cut the web tax for small businesses", he added. (ANSA).
   

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