EU Revised Climate Plan Won’t Boost Growth, Stellantis Tells FT

The European Union has failed to provide a clear road-map for growth in its revised climate policy that would have allowed Stellantis NV to boost its investment into Europe, the company’s chief executive officer said in an interview with the Financial Times published on Saturday.

“This package does not do the job,” Antonio Filosa told the paper, adding that “there are none of the urgent measures needed to return the European automotive sector to growth.”