Stellantis CEO says major shareholders strongly back the company
Stellantis’s CEO cited strong shareholder support, outlined cooperation with Tata and linked Mirafiori options to better conditions in Italy.
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what happened
Reuters reports that Stellantis’s chief executive said he feels strong support from the company’s large shareholders. He also said the partnership with Tata began with a jointly developed Jeep model, while the two sides will later assess how to broaden their cooperation.
The Stellantis CEO described the EU-China agreement on an import cap as a “good milestone” that should provide greater protection for carmakers producing in Europe. He said the company is speaking with Italian authorities about improving competitive conditions, including energy costs, and needs their assistance.
If the Italian authorities can offer reassurance on those conditions, Stellantis may evaluate additional options for its Mirafiori plant.
why it matters
The comments highlight shareholder backing, the potential scope of Stellantis’s Tata partnership and the importance of Italian operating conditions, particularly energy costs, for decisions concerning Mirafiori.
instruments
sources
- Stellantis CEO: feel strong support from large shareholders — Reuters, 12 October 2026 at 13:35 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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