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Stellantis's main problem is its ownership says Salvini

Stellantis's main problem is its ownership says Salvini

Elkann should come to parliament with a cheque - minister

ROME, 03 December 2024, 13:44

ANSA English Desk

ANSACheck
- ALL RIGHTS RESERVED

- ALL RIGHTS RESERVED

(see related) Deputy Premier and Transport Minister Matteo Salvini said Tuesday that the main problem with Stellantis lies in its ownership structure and called on Chairman John Elkann to report to parliament after CEO Carlos Tavares quit, adding that he should pay back the public money the carmaker has taken from the Italian State in its current and past guises.
    "The problem with Stellantis is its ownership, more than Tavares and his exorbitant demands," Salvini said.
    "The ownership has little Italian in it now and it has taken money for decades from Italy to open factories abroad.
    "My thoughts as the Minister of Transport are with the workers and their families.
    ""We will do everything to safeguard them.
    "It has been the worst example of how to do business with public money. "Elkann should have already come to Parliament and with a cheque, not words, with a cheque that reminds us how many billions of euros of public money this company has collected over the years.
    "There are still loans guaranteed by the State for billions of euros and in return we have closures, furloughs and layoffs "When there is something to gain, this company cashes in and takes off.
    "When there is something to be asked for, it asks its workers".
   
   

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