Maserati: Stellantis selling old Grugliasco factory to China’s Chery?  – Hello

Maserati: Stellantis selling old Grugliasco factory to China’s Chery? – Hello


China’s Chery plans to start car production in Italy as it continues talks with the government about the Fabbrica Italia project.

April 23, 2024

CHery, one of China’s largest car companies, is preparing to enter Italy, not only to sell but also to produce. The company, known for the rapid growth that led to the production 730 thousand cars in twenty years, aims to further expand its presence in Europe. After opening a plant in Spain, Chery is now evaluating Italy for its second European plant, aiming to produce fully electric, hybrid and petrol models.

President of Chery, Yin Tongyuerecently met with Italian Minister Adolfo Urso discussing investments, asking for support and adequate policies to facilitate the establishment of production. Among the possibilities, Chery can take the removed factories, such as from Maserati a Grugliasco o The old Fiat of Termini Imereseareas that are already equipped for the automotive industry.

At the same time, Tongyue entered into a conversation with Differenta new association of car dealers, to facilitate the distribution and sale of cars Chery in Italy. This move not only strengthens Chery’s sales network but can also reduce the impact of tariffs on imported products, a big advantage in light of the new European trade policies.

Residence of Cherry can have a significant impact on employment. The first factory in Spain predicts 1,250 jobsthe same number as that of Mirafiori workers who are currently under the solidarity agreement.