Italian lawmakers have raised concerns over the strategy of Stellantis, the world's fourth largest automaker, during a parliamentary committee meeting. Stellantis, known for producing Jeep and Chrysler vehicles, recently announced a management shakeup in an attempt to boost sales amidst global struggles.
The Italian government has demanded clarity on the company's production plans in the country, especially in light of a national metal workers strike scheduled for October 18. Stellantis issued a profit warning, projecting a negative cash flow of up to 10 billion euros by the end of the year.
