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Prime Minister says Brilliance could build a factory in Italy

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Prime Minister says Brilliance could build a factory in Italy

The country’s prime minister, Matteo Renzi, has revealed that Chinese automaker Brilliance China Automotive Holdings is mulling the construction of a manufacturing facility in Italy.

The comments were made during Renzi’s visit to the town of Termini Imerese in Sicily, where in the past a vehicle production factory of the Fiat Group was located. The prime minister revealed that the government officials had contacts with the carmaker’s executives while recently visiting China.

“They expressed a desire and they formalized a request, black on white, to open a structure in Italy,” Renzi said. “It’s clear that it needs to be seen whether they follow it up and whether they want to do it at Termini Imerese.”

Italy, among the hardest hit countries during the last economic crisis of 2008-2009, has not yet recovered completely. Recent data showed the economy slumped once more during the last quarter, for the 11th time in the past 12 quarters. Car sales look better though, adding to the recovery signs showed by the rest of the Southern Europe in recent months. Together with Spain and Portugal, Italy added to the latest figures that showed a 5% of new car deliveries throughout the overall region.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Friday, August 15th, 2014 - filed under Industry, News. Image credit: .
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