Bye bye Italy: Stellantis goes to Morocco

It is often difficult not to turn up your nose at inconsistencies visible to the naked eye. This is the case of those who claim to give Italian lessons and at the same time offer …

Bye bye Italy: Stellantis goes to Morocco

It is often difficult not to turn up your nose at inconsistencies visible to the naked eye. This is the case of those who claim to give Italian lessons and at the same time offer examples that go in the opposite direction. Impossible not to think about Stellantisformerly Fiat, once an Italian excellence and now increasingly spread around the world.

Yet another testimony bears the signature of Carlo Calenda: “I am in possession of a letter that Stellantis sent to Italian suppliers, praising the opportunities to move investments into Moroccowhere is the Elkann group it is already present massively. In addition to the letter, they sent a brochure from the Moroccan government, which highlights the benefits for the automotive industry in that country. The escape from Italy continues more and more,” his words in an interview with Messenger.

The document indicates the fundamentals of the African country’s economy and the weight of the automotive industry (underlining the investments of Renault and Stellantis). “The goal today is to achieve a high rate of integration,” the goal cited. In other words, bringing another important piece of the production chain to Morocco, up to production of 1.5 million vehicles. To complete the picture, a chapter dedicated to incentives and state aid for those willing to invest in Morocco: mention the absence of restrictions for non-residents in investments in Moroccan companies, the zero cost for moving profits and capital from Morocco and the foreign investment protection agreement which concerns sixty countries, including Italy.

Let’s go back to the starting point, to the inconsistency. The reason is simple: to attack the government led by Giorgia Meloni, Republic – the newspaper owned by the president of Stellantis, John Elkann – he became a starter for Italy “for sale”. It was the prime minister himself who highlighted the contradictory nature of the situation during theinterview given to Fourth Republic: “The accusation made me smile a little (…) That this accusation comes to me from the newspaper owned by those who took Fiat and sold it to the French, transferred the registered office and tax office abroad, put the sites of our historic Italian companies up for sale… I don’t know if the title was an autobiography but, frankly, the lessons on the protection of Italianness from these pulpits are also not”.