Giorgio Garuzzo

Giorgio Garuzzo, an 87-year-old former top manager at Fiat, served as the CEO of Iveco from 1984 to 1991 and has been a vocal critic of the recent sale of Iveco to Tata Motors. He expresses deep concern for the future of Italy's industrial landscape, warning that the sale signifies a troubling shift away from manufacturing, leaving young people with limited job opportunities. Garuzzo believes that the move undermines Italy's industrial capabilities and fears for the future of local suppliers and the workforce in Turin, where he sees a decline in meaningful employment opportunities beyond low-wage service jobs.