MILAN -- Stellantis will start in-depth talks with the Italian government next month to finalize a broad agreement for the country's automotive industry, including higher domestic production targets.
Stellantis CEO Carlos Tavares and Industry Minister Adolfo Urso said earlier this year they were working on a deal to increase the automaker's annual output in Italy to one million vehicles, without specifying a timeframe.
After preliminary discussions with Stellantis, official talks would start on Dec. 6 and would also involve unions, local governments and automotive lobby group ANFIA, Urso's office said on Monday.
Stellantis, the parent of brands including Fiat, Alfa Romeo, and Peugeot, produced fewer than 700,000 cars and vans in Italy in both 2021 and 2022. According to forecasts, output will increase only slightly this year.