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Stellantis chairman says Turin is key for group’s manufacturing By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO: Stellantis Chairman John Elkann symbolically rings a bell as shares in the merger between Fiat Chrysler and Peugeot maker PSA began being traded at the Italian stock exchange, in this still image taken from a video, in Milan, Italy, January 18

TURIN (Reuters) – Stellantis chairman said on Wednesday production in Italy was key to the carmaker, responding to criticism that manufacturing in the country was becoming less important after the merger between Fiat Chrysler and PSA that created the group.

John Elkann stated that Stellantis invested 2.35 billion euros in Turin for full-electric vehicles, including the BEV 500 and hybrid models. He also mentioned innovative projects such as the smart-grid charging infrastructure.

This investment is an “important sign that we do not believe only in the men and women who work in Turin, but in the whole of the automotive district in the city,” he said.

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