Washington: Stellantis Chairman John Elkann met United States President Donald Trump at the White House on Monday, a spokesperson for the Italian-American-French auto group said on Tuesday, confirming US media reports.
According to Ansa News Agency, …
Rome: TIM is back in Italian hands after State-controlled postal-and-financial-services company Poste Italiane announced that it had replaced Vivendi as the telecommunications group’s top stakeholder following the acquisition of 15% of it from the Fre…
Milan: Pirelli on Thursday put off the approval of its balance sheet until April 28. The tire maker’s AGM will therefore take place on June 12 instead of May 27.
According to Ansa News Agency, the decision to delay the approval of the balance sheet …
Rome: US President Donald Trump’s 25% tariffs on auto vehicles and parts will have heavy effects on companies in the Italian auto supply chain, sector group ANFIA said Thursday. “The tariffs will not have a devastating effect, but a significant one. A…
Vatican City: US tariffs on Italian wines have already been applied, and goods going to the US have been blocked, the Unione Vini wine group said Thursday.
According to Ansa News Agency, “The tariffs are already applied even if they do not exist bec…
Puglia: Porsche has announced the suspension of its development plan for a new testing center in Puglia, citing a “complicated context” for the auto sector influenced by factors such as US President Donald Trump’s 25% tariffs on car imports to the USA…
Milan: UniCredit’s annual general meeting on Thursday approved a capital hike to finance the hostile takeover bid by Italy’s second biggest bank for the country’s third biggest, Banco BPM. Shareholders holding 99.88% of the capital voted in favour of …
Maranello: Ferrari on Thursday announced it will implement price hikes of up to 10% in response to US President Donald Trump’s 25% tariffs on auto vehicles and parts. The luxury sportscar manufacturer revealed this strategic move as a direct consequen…