Stellantis: No plans to move factories from Italy to Algeria

The global automotive group Stellantis confirmed that Algeria is a real and added opportunity for Italian manufacturers and suppliers to establish industrial partnerships in the field of vehicles and spare parts, emphasizing that its investments and industrial projects in Algeria are not at all part of transferring or relocating Italian factories outside the country, but are based on the principle of production aimed at the Algerian market and creating local added value. A spokesperson for the Stellantis group clarified on February 2 that the meeting held in Turin on Monday, as reported by numerous Italian media outlets, brought together Stellantis' branch in Algeria with about one hundred Italian companies active in the field of subcontracting and automotive components manufacturing, with no relation...