Brussels has failed to deliver a “clear roadmap for growth” in its revised climate policy that would have allowed Stellantis to boost its investment into Europe, its chief executive has warned.
“This package does not do the job,” Antonio Filosa, who took over the European group behind the Jeep, Fiat and Peugeot brands in June, said in an interview with the Financial Times. “There are none of the urgent measures needed to return the European automotive sector to growth.”
Filosa had told the FT in November that the group would multiply investment in Europe if Brussels relaxed its 2035 ban on petrol engines.
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