Europe's carmakers should steer clear of defence industry, Stellantis' Elkann says

Europe's carmakers should steer clear of defence industry, Stellantis' Elkann says

Reuters — 2025-03-19

Automotive Industry

The chairman of Stellantis , said on 19 March, Wednesday, that Europe's automotive industry does not need to convert to defence production, while confirming the group is on course to appoint a new CEO in the first half of this year.

As European countries discuss a big increase in defence spending, Italy's Industry Minister Adolfo Urso said this week that Rome was preparing an industrial plan aimed at fostering connections between its automotive, defence and aerospace sectors, to be unveiled in June.