• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
A Tesla charging station is seen in Salt Lake City, Utah, U.S. September 28, 2017. Lucy Nicholson
A Tesla charging station is seen in Salt Lake City, Utah, U.S. September 28, 2017. Lucy Nicholson
Home
Business
Autos & Transportation

Italy talks to Tesla, Chinese carmakers in search for second auto producer

February 28th, 2024 | 13:53 PM BUSINESS Autos & Transportation 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Samsung hikes chipmaking prices by up to 15% on demand spike, sources say
Chery's robot unit eyes IPO, targets overseas market for police robots
Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet
China's Pony.ai plans to deploy more than 4,000 robotaxis abroad
By Giuseppe Fonte, Giulio Piovaccari

Italy has been in talks with Tesla (TSLA.O) and three Chinese carmakers as it tries to attract another manufacturer and reach an annual output target of 1.3 million vehicles, the industry minister said on Wednesday.

"We're having positive feedback," Industry Minister Adolfo Urso said about the talks during a parliamentary hearing.

Stellantis , whose brands include Fiat and Alfa Romeo, is Italy's sole major automaker and produced around 750,000 vehicles in the country last year -- 520,000 passenger cars and 230,000 vans.

Urso said Rome had been in touch "for months" with Tesla, adding that the U.S. electric vehicle maker would have to review its plans for Europe.

The government was also holding talks with three leading Chinese automakers, whose representatives visited Italy last year to assess potential investment opportunities.

Tesla founder Elon Musk was in Rome in December when he spoke at a political gathering organised by Italian Prime Minister Giorgia Meloni's Brothers of Italy party.

The minister said Italy needed to produce at least 1.3 million vehicles a year -- one million passenger cars and 300,000 vans -- to preserve its national auto industry amid challenges posed by the transition to electric mobility.

"We are aware that it is impossible for Stellantis alone to reach the target of one million cars produced in Italy," he said.

The government and Stellantis are already holding talks aimed at restoring its output in the country back to one million units in cars and vans per year by the end of this decade, a figure last hit in 2017.

Bloomberg News this week quoted Michael Shu, the managing director for Europe of BYD (002594.SZ), as saying Rome had contacted the Chinese EV maker as part of its efforts to attract a second producer to the country.

A BYD source told Reuters that talks were not recent and that they occurred when the group was still assessing options for its first European plant, which it eventually decided to build in Hungary. BYD has not yet communicated if it has plans for a second plant in Europe.

  • Topic
  • AUTOS
  • ITALY/OUTPUT (UPDATE 2, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Samsung hikes chipmaking prices by up to 15% on demand spike, sources say

Related Posts

Autos & Transportation
August 19th, 2026

Samsung hikes chipmaking prices by up to 15% on demand spike, sources sa...

Autos & Transportation
August 19th, 2026

Chery's robot unit eyes IPO, targets overseas market for police robots

Autos & Transportation
August 18th, 2026

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

Autos & Transportation
August 18th, 2026

China's Pony.ai plans to deploy more than 4,000 robotaxis abroad

Autos & Transportation
August 17th, 2026

Tesla prepares for Cybercab launch in August starting with rides to empl...

Autos & Transportation
August 17th, 2026

Uber, Zipline partner on US drone delivery for Uber Eats

The Wire
Aug 19th 5 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 5 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 5 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 5 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 5 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT