Business and Made in Italy Minister Adolfo Urso said Thursday that the government could talk about the State taking out a stake in carmaker Stellantis if CEO Carlos Tavares wants.
"If Tavares or others believe that Italy should do like France, which recently increased its share capital within the shareholding of Stellantis, ask us," he said at transportministry talks on the automotive sector responding to a question about an interview given by Tavares to Bloomberg.
"If they want active participation, we can always discuss it."The incentive plan for the automotive sector "is based on the belief that we must absolutely change course from what has happened in recent years," Urso went on.
"If the trend does not change this year, despite the substantial resources we are putting in place, we will allocate the additional resources of the Automotive Fund exclusively to support our supply chain and to incentivize new production plants in our country".
Tavares has said Italian plants are at risk unless the group gets State subsidies.
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