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🇨🇱 Chile /Economy & Trade

Italy to protect Ducati as Chinese market crisis hits the “pride of Made in Italy”

From BioBioChile · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Italian Industry Minister Adolfo Urso said the government is working to protect motorcycle maker Ducati from a crisis linked to the Chinese market.
  • Ducati belongs to Germany’s Volkswagen group, which has approved an adjustment plan involving job cuts.

Italy’s government says it will protect Ducati, which Industry and Made in Italy Minister Adolfo Urso described as a source of national pride, amid a crisis tied to the Chinese market.

Urso said he met Ducati Chief Executive Claudio Domenicali and that the government was working to safeguard the motorcycle manufacturer. Ducati is part of Germany’s Volkswagen group.

Volkswagen has approved an adjustment plan that includes employment cuts. The minister presented the government’s efforts as a response to the pressure facing the company and a defense of the “pride of Made in Italy.”

pride of Made in Italy

· Adolfo UrsoThe minister used the phrase to describe Ducati’s national importance.
About this summary

Originally published by BioBioChile in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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