Tuesday, April 8, 2025

Media: Italy to seize closed car brands

According to an Italian media outlet, Italy's government is ready to seize Stellantis' rights to closed car brands to offer them to the Chinese.

The Italian government is ready to seize the rights to the closed Stellanti car brands Autobianchi and Innocenti.

Instead, Chinese groups must be allowed to revive the brands in return for placing some of their production in Italy.

This is written by the media Il Sole 24 Ore .

In this way, the Chinese car groups will also be able to avoid the punitive tariff on Chinese electric cars, which the EU adopted earlier this month.

READ ALSO: First BMW – now Volkswagen can cancel huge contract

The story is convoluted, and details are few and far between. However, it remains that the Italian government must be ready to hand over the brands if the Chinese in return settle in the country.

Autobianchi sent its first cars on the street in 1955, but had to close in 1995. Innocenti's history is more colorful. Among other things because the brand has been owned by everything from English British Leyland, since De Tomaso and Fiat.

The last car with the Innocenti logo, which was actually a Fiat Uno, left the assembly line in 1997. And then it was over. But now the Italian government must be ready to let others than the country's own car brands breathe new life into both brands.

Italy's government reportedly has legislation that says the country can revoke the rights to car brands that haven't been in use "for five years or more" to lean on.

Italy's Ministry of Commerce has apparently already applied for and received permission to continue Autobianchi and Innocenti. However, with different logos than those Stellantis' predecessors have historically used.

It is already established that Stellantis has entered into an agreement with Chinese Leap Motor on its own. An agreement which means that the Chinese open a factory and now build cars in Europe for as little as 2,600 kroner in pure costs. Read more about it here .

Read more exciting news from and about the world of cars right here

Latest

Don't miss

Revealing sad news – Michael Schumacher has lost

The public knows very little about Michael Schumacher's condition...

Volvo flees to the US – could lay off thousands of employees

Volvo is now moving larger parts of its production...

Battle for electric car customers: Get a free car wash when you charge your electric car

New campaign from Uno-X and Plugsurfing will reward electric...

Danish car importer has expelled its former director

One of Denmark's smallest car importers, RSA Denmark, is...

BMW to launch 40 new cars in the next 3 years

At BMW in Munich, employees are getting busy, if...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Ford F-150 comes to Denmark – costs almost 1 million

The Ford F-150 will soon be Danish. A car dealer has decided to bring the legendary car to Denmark. However, at a price starting...

Burns up – 130 electric cars must be scrapped immediately

Expensive Jaguar I-Pace ends up as scrap in Norway due to fire hazard. Battery fault forces Jaguar to buy back 130 cars from owners....

FINALLY! BMW drops the big radiator grille

No more and never again. Now BMW is abandoning the trend of the last many years with an ever-larger radiator grille. The design director...

Here, businesses are also opting out of electric cars – no thanks!

Since January 1, there has been a registration tax on electric cars in the Netherlands. At the same time, growth in the commercial market...

New technology gives electric car owners 6,800 kroner to charge

Electric cars with V2G technology can send power to the grid and money into the owner's pocket. The report shows potential, but FDM disagrees...

Lithium-ion battery kills legendary gasoline car

A 1982 Mazda RX-7 recently came within a hair of catching fire. The cause? A retrofitted lithium battery. So battery fires aren't just a...

World star dumps Tesla in protest: Symbol of racism

Singer Bette Midler has sold her Tesla, following Sheryl Crow, calling the car a symbol of racism and greed amid declining Tesla sales. Tesla's...

AI speed cameras have already caught 10,000 drivers

Minnesota police are using advanced AI cameras to catch drivers with cell phones in their hands. See how the new technology works and how...

Forbes calls the hyped Tesla a historic flop

Forbes sees Tesla Cybertruck as a possible historic failure like the Edsel. Low sales figures, design criticism and a high price challenge Elon Musk's...

Another car company stops all exports to the US

First Volkswagen withdrew, and now the JRL group is following suit and stopping all exports to the US after the president imposed a 25...

Forget about electric cars: This used car holds its value the best

According to a new report from iSeeCars, one particular used car holds its value better than any other car model. It's the Porsche 911,...

Volvo forcibly closes 63 percent of its dealers

Volvo has a new CEO. Or at least he has been there for. And now Håkån Samulsson wants the brand to go on a...