Italian govt ready to buy stake in Stellantis if asked

ROME,(Reuters) – The Italian government would be prepared to buy a stake in carmaker Stellantis if the company asked it to do so, Industry Minister Adolfo Urso told reporters on Thursday.

Urso also confirmed that Stellantis, owner of the Fiat brand, had committed to lifting annual production in Italy to one million vehicles.

The French government is a shareholder in Stellantis and Rome has accused the carmaker of acting, on occasions, against its national interest.

Reporting by Giuseppe Fonte Writing by Keith Weir Editing by Giulia Segreti