Stellantis may sell some disused brands to Chinese automakers. Remember Innocenti? How about Autobianchi?
ROME ? Italy's government is considering taking over by decree defunct auto brands owned by Stellantis and offering them to Chinese companies to encourage them to set up factories in Italy, Il Sole 24 Ore daily reported on Friday. The plan would involve the Innocenti and Autobianchi brands, both shut down in the 1990s. Innocenti was famous in the 1960s and 1970s for producing an Italian version of the British Mini, before it was taken over by Fiat, now part of Stellantis.
Once under government control, they could be given to 'companies, including foreign ones, that intend to invest in Italy or move to Italy manufacturing activities located abroad,' the law says. Prime Minister Giorgia Meloni's nationalist government has for months been at loggerheads with Fiat-parent Stellantis, accusing the automaker of neglecting its historic production bases in Italy.
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