Stellantis ends all relations with Russia

In recent days we have talked a lot about war, it is inevitable. An armed conflict that began on February 24 and still continues, bringing with it the tragic consequences that only an event of this magnitude can have, and that need no explanation.

Speaking of war, unfortunately we also know that it will have some economic repercussions, The difficulties for the auto sector are growing further, which is already emerging from a period of profound crisis caused by the Coronavirus pandemic, it is useless to mention it. Expensive gasoline has reached unprecedented levels, and the conflict could further worsen the situation. Car manufacturers, along with many other major international companies, are now distancing themselves from Russia, blocking all relations with the country.

Stellantis’ decision

Stellantis has made it known, with an official press release, that it has blocked all relations with Russia. He also remembered having supported its employees in Ukraine from the outset, as well as all the refugees in the country. The Group has in fact made available the substantial sum of 1 million euros as humanitarian aid, through a local Polish NGO.

The press release says: “Our first priority is the safety and health of our employees and we have taken action, through a dedicated 24/7 task force. We have a task force to make sure we comply with all sanctions and export controls that are decided by the day. Our CEO has made clear public statements against all forms of violence. In Stellantis we condemn violence and aggression and, in this time of unprecedented pain, our priority is the health and safety of our Ukrainian employees and families. We hope that peace will return quickly to build a new future ”.

What happens in Italy

Speaking of Stellantis, what are the plans for Italy? At the moment the Group has confirmed the production of the iconic Fiat Panda (the hybrid version in special promotion) at the Pomigliano d’Arco plant until 2026. It seems that the Termoli factory will become a new one. gigafactory of the Turin-based company, and therefore no more transmissions and engines will be produced.

The presentation of the Group’s strategic plan took place last March 1st, Carlos Tavares spoke about the Group’s future strategies. Davide Mele, Deputy Chief Operating Officer of Stellantis for the Europe, Middle East and Asia region, said how much the table at Mise was very important to give a positive and strong sign of Stellantis’ commitment in Italy. The company focuses heavily on even closer and more constructive collaboration with the government and with all trade union organizations.

Regarding the Termoli factory, we know that since the auto sector was hit by the damage of the Covid pandemic, unfortunately the plant lives in a profound climate of uncertainty: for this reason it seems that in the future it will transform, as anticipated, into a new gigafactory for the production of batteries for electric cars of the Stellantis Group. And like every car manufacturer today, Stellantis is also waiting for the government to communicate how it has decided to restart 700 million euro fund which are intended to support the automotive sector for 2022.

Italy is at the heart of the Group’s strategy, Stellantis herself confirms this. In our country, the production of the latest generation Jeep Renegade and Compass, of the new Alfa Romeo Tonale in Pomigliano, the long-awaited SUV of the Biscione, of the hybrid Fiat 500X in Melfi, of the Maserati Grecale in Cassino and of the sporty GranTurismo and GranCabrio in Turin.

Source link

About David Martin

David Martin is the lead editor for Spark Chronicles. David has been working as a freelance journalist.

Check Also

when it falls and what you pay for

This month the tax day falls, that is the day on which VAT numbers and …

Leave a Reply

Your email address will not be published.