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European car industry risks 'irreversible decline', Stellantis chairman warns

ReutersNov 25, 2025 10:36 AM

- Stellantis STLAM.MI Chairman John Elkann on Tuesday warned that the European auto industry risks an "irreversible decline".

Speaking in Turin, Elkann said the industry as a whole had drawn up a package of proposals for the European Commission to give automakers more flexibility on emissions targets and that this would allow the sector to avoid such decline.

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