Elkann Warns EU on Auto Industry Decline

Stellantis Chairman John Elkann warns of an irreversible decline in the European auto industry if the EU doesnt ease its carbon emissions targets. He proposes more flexibility, including allowing plug-in hybrids and alternative fuels beyond 2035, averaging emission goals, and favoring smaller car production. Stellantis is boosting Italian production with new hybrid models, but urgent action is needed to prevent potential factory closures and job losses.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.