Stellantis, Tavares does not rule out job cuts 'but it is not our strategy'. Antonella Bruno new managing director in Italy

Future job losses at Stellantis? 'I am not discarding anything, but it is not our strategy'. The ceo of Carlos Tavares thus responds to a question during an interview with French broadcaster Rtl at the Paris Motor Show, and in Italy the debate around one of the country's most important industrial assets is rekindled, with the opposition calling for Stellantis chairman John Elkann to be summoned, and the majority, the League, promising to shed light on the amount of aid allocated to the group.

Job cuts "are not at the centre of our strategic thinking," explained the CEO, who added: "The financial health of the group does not only pass through job cuts, but is also linked to many other things, imagination, intelligence, innovation. And that is what we are doing,' explained Tavares, who last Friday was heard by Italian parliamentarians during a hearing dedicated to the health of Italian factories.

A harsh confrontation that has seen further passages in a note from the League, in the morning, which speaks of 'umpteenth, disconcerting, statements by Tavares on possible dismissals' that make even more urgent and topical, adds the party led by Matteo Salvini, 'the truth operation on the public billions collected by Stellantis. We are talking about rivers of money that, due to the group's decisions, have produced profits for managers, investments abroad and painful cuts in Italy. It is a scandal that we will expose in all its magnitude'.

Also on the political front, there is the initiative signed by opposition leaders Angelo Bonelli, Carlo Calenda, Giuseppe Conte, Nicola Fratoianni and Elly Schlein, who ask the presidents of the Senate and Chamber of Deputies to listen to the company's chairman, John Elkann, as soon as possible. 'The answers given by the ceo of Stellantis Tavares during the recent hearing before Parliament,' they write, 'were unsatisfactory with respect to existing concerns about the future of the activity of this industrial group in our country.

In Paris, Tavares reiterated the key points of the strategy developed by the Group to deal with a complex economic and market moment, starting with the issue of the possible sale of brands. "We have to create value and profitability. We are not going to cut brands, they represent value for the company. We have to be able to maintain this, they will continue to be profitable," said the CEO during the first day of the Mondial de l'Auto, the Paris Motor Show, underway in the French capital. "With Maserati we have a problem," explained Tavares, "with the way it presents itself on the market, we have the technologies and the know-how. The Maserati brand has a long history, we have to do something to relaunch it'.