Stellantis’s Problem Is Ownership Not CEO, Italy’s Salvini Says

The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares, according to Italian Deputy Premier Matteo Salvini.

“It’s an ownership that has little that is Italian at this point, that has received money in Italy for decades to open factories abroad,” he said on Tuesday. “It’s one of the worst examples of how not to do entrepreneurship — with public money.”