Fiat Chrysler will reconsider its investments in Italy for the ecotax

Fiat Chrysler will reconsider its investments in Italy for the ecotax



The president of Fiat Chrysler (FCA), Mike Manley, warned today that the car group will have to reconsider its investments in Italy for a new environmental tax established by the Italian Government.

Manley also expressed concern at the media at the North American International Auto Show (NAIAS) that the partial closure of the administration in the United States will have negative consequences for the launch of new vehicles in the country.

Speaking at a meeting with journalists, Manley, who took over the management of FCA after the sudden death of Sergio Marchionne on July 25, said that the investment plan of 5,000 million euros in Italy will have to be "revised" .

According to Manley, the reason for the investment review announced in November is the environmental tax that the Italian government introduced in December to luxury gasoline and diesel vehicles.

Manley said FCA will make the final decision on the future of investments in the country when the company completes a review of the plan in the face of the new reality.

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