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Italian car industry would have disappeared without Stellantis-Elkann

Market down 30%, ccompany defended production and employment

Italian car industry would have disappeared without Stellantis-Elkann

Redazione Ansa

(ANSA) - ROME, MAR 19 - Italy's car industry would have disappeared without Stellantis, President John Elkann told parliament Wednesday.
    "If Stellantis didn't exist today, we wouldn't be here, because the Italian car (industry) would have disappeared a long time ago, like IT after Olivetti and chemicals after Montedison", he said.
    "In the last 20 years, the domestic market has fallen by 30% while employment has fallen by about 20%. "This means that the company has defended the production and employment of the country's factories thanks to the export of Italian brands, in addition to the Jeeps produced in Basilicata, the Dodges in Campania, the Citroen, Opel and Peugeot vans in Abruzzo and more recently the DS in Melfi". (ANSA).
   

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