European car industry risks ‘irreversible decline’, Stellantis chairman warns

TURIN (Reuters) -Stellantis 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.

(Reporting by Giulio Piovaccari, writing by Giulia Segreti, editing by Alvise Armellini)

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