John Elkann, Italian State in Stellantis through Cdp? Better not

There is a sort of nemesis story in the relations between the Fiat, now in stellantisand Italian politics. For decades Italian politics, especially in opposition parties but not only, reproached Gianni's Fiat Agnelli to make full use of the holy hand of the State in the form of tax and non-tax incentives, financing of restructuring processes and redundancy funds, subsidies for investments and more. Now the opposite is happening. Faced with the gradual shift of the center of gravity of Stellantis towards the France, there is no shortage of political, trade union but even entrepreneurial forces (led by the President of theAmphia, the association of the automotive industry supply chain, Paolo Scudieri) who claim a direct or indirect intervention (through Cassa depositi e prestiti) in the capital of Stellantis to guarantee the Italian plants. To all of them, however, the President of Stellantis, John Elkann, had a good time answering that "States enter companies when they are doing badly and Stellantis is doing very well" if it is true, as it is true, that in 2022 it was the company with the highest operating results in the automotive sector" . Impeccable words and therefore Up. In the hope that the productivity of Italian factories will grow and be their best defense and that taxpayers' money and postal savings will be used for better productive and social purposes.