Carmaker Stellantis will invest nearly €2 billion in Italian production next year and spend another €6 billion in the supply chain, the head of European operations told a government panel on Tuesday.
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00:00Result of a 2021 merger of Fiat, Chrysler and Peugeot, now the world's fourth-largest
00:06carmaker Stellantis announced that it will invest nearly 2 billion euros in Italian production
00:11next year and spend another 6 billion in the supply chain.
00:15Also addressing a concern among Italian officials and unions, company's head of Europeanship
00:19Jean-Philippe Imperato told on a government panel on Tuesday that the headquarters will
00:23be in Turin.
00:25Imperato told the ministers that Stellantis' six automaking factories in Italy will boost
00:30production with the launch of more than a dozen new models through 2032.