What is the Minister of Business and Made in Italy really aiming for? Adolfo Urso, paving the way for the Chinese state giant D so that it can produce electric cars in Italy? It is the effect of the recent economic and commercial agreements stipulated by the prime minister Giorgia Meloni in China, is the desire to create some competition in theautomotive Italian or the desire to punish stellantis with which the minister has long been engaged in a challenge to the OK Corral to force the Italian-French group to produce one million cars a year, regardless of market conditions? To answer we would need to know more, much more. In this regard, a long list of doubts raised by the economist is interesting Mario Seminerio on his website Phastidio.net.
Will the Chinese Italian factory – asks Seminerio – be a greenfield investment for a factory built from scratch or will it be the renovation of an existing plant or will it be an assembly site? And where will the components come from? From the Italian automotive supply chain or from China? And the workers? Will they be hired in Italy or will they come from China? And who will be the shareholders of the new company? And, finally, how would Stellantis respond if it sensed that the opening to the Chinese is only Urso's latest idea to put the Group chaired by John Elkann? Giving a hand to the Italian automotive industry is fine but playing with fire is a gamble that can cost dearly. Does Minister Urso know this? Down from the tower for now.
