ROME -- The Italian government is open to buying a stake in Stellantis, industry minister Adolfo Urso said, as he set out plans to provide 950 million euros ($1 billion) in subsidies this year to help drivers switch to cleaner cars.
The new incentive plan follows a clash between Italy's rightist government and Amsterdam-based Stellantis, which owns Italian brands Fiat and Alfa Romeo, over production levels in the country.
Italian Prime Minister Giorgia Meloni criticized Stellantis last month for its efforts to move car production to lower-cost countries at a time when the auto industry is struggling to shift to electrification.
Urso said Italy could match the French government by taking a stake in the automaker, whose other brands include Peugeot and Jeep.
"If Tavares maintains that Italy needs to do the same as France, which has boosted its active investment in Stellantis, then they can ask," Urso told reporters on Thursday.