Urso says automotive fund of at least 750mn,not incentives
'Resources entirely for businesses'
The government is working to increase
Italy's automotive fund and reach a figure that is "at least
equivalent or even higher" than the resources of the old fund,
or 750 million euros, Business and Made in Italy Minister Adolfo
Urso said on the sidelines of question time at the Lower House
Wednesday.
Urso explained that 200 million remain from the fund for next
year, together with the 500 million already allocated from the
National Recovery and Resilience Plan (NRRP) allocation for
industries in the transition phase.
But "this time, such significant resources will be entirely
directed to supporting businesses and their productive
investments" and not to incentives, he stressed.
Stellantis is seeking the latest injection of government money
amid slumping sales and fears of job cuts.
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