Luca Cordero di Montezemolo, 77, now chairman of the railway company Italo, was President and CEO of Ferrari and Maserati. In an interview he expresses "melancholy and sadness" over the situation in which the Stellantis group, which took over from the old Fiat, is now involved. "In 2022 I was the first to declare that the Italian car no longer existed, except Ferrari, getting as a response a tomb silence from the unions, the government and the opposition. Identical reluctance was reserved for me when I asked why at the time of the Conte 2 government a loan of €6.3 billion had been made to FCA, just before the merger with Peugeot, with precise commitments that were totally disregarded. Money that the state had provided to defend jobs; instead, it had been used for a €5 billion profit split in favor of the shareholder". Montezemolo has been with the group for 30 years, including 23 years at Ferrari, taking it to the highest levels in both sports and business. "I wonder why John Elkann did not stand up to Carlos Tavares, the newly exiled CEO of Stellantis, when he decided to have the Fiat 600 produced in Poland. A choice made when Mirafiori-as it is now-was at a standstill, with workers laid off". Montezemolo also recalls that "Italian suppliers were urged, through a letter, to invest in Morocco, extolling the facilities dedicated to the automotive industry there. The whole world knows that Italy is the largest producer of vehicle components”.
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