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Stellantis announces new suspensions at three plants

Stellantis on Wednesday announced to labour unions that it will suspend production over a number of days in November at its three Italian plants of Pomigliano D’Arco, Termoli and Pratola Serra. “These measures are necessary to adjust production to the current market conditions and to guarantee an efficient management of

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Netherlands interested in Italy-Albania model

Dutch Foreign Minister Caspar Veldkamp said Wednesday that the Netherlands is interested in the model created by the agreement Rome reached with Tirana to set up Italian migrant centres on Albanian territory. I believe the Italian policies (on migrants) are in line with what EU leaders agreed several years ago,”

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Banks only ones making sacrifices in budget – Giorgetti

Economy Minister Giancarlo Giorgetti on Wednesday presented the 2025 budget bill that the cabinet approved on Tuesday, stressing that it only imposed sacrifices on banks and insurance companies. Giorgetti’s use of the term “sacrifices” in relation to the budget had caused controversy in the run-up to the package being approved.

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Stellantis vehicle deliveries slump 20% in Q3

Stellantis said Wednesday that its consolidated global shipments in the third quarter have dropped by 20% compared to the same period in 2023 to 1.148 million units. The fall in deliveries was higher than underlying sales estimated to have dropped by 15%, reflecting the temporary impact of transitions in the

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Stellantis vehicle deliveries slump 20% in Q3

Stellantis said Wednesday that its consolidated global shipments in the third quarter have dropped by 20% compared to the same period in 2023 to 1.148 million units. The fall in deliveries was higher than underlying sales estimated to have dropped by 15%, reflecting the temporary impact of transitions in the

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Italy’s GDP to grow by 1.2 % in 2025 – govt’s DBP

Italy’s GDP is forecasts to grow by 1% in 2024, 1.2% in 2025, 1.1% in 2026 and 0.8% in 2027 in the draft budgetary plan (DBP) Premier Giorgia Meloni’s government sent to the European Commission on Wednesday. The document sees Italy’s debt-to-GDP ratio coming in at 135.8% this year and

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