A decade after its grand opening by former Fiat Chrysler CEO Sergio Marchionne, the Maserati factory bearing the name of legendary Fiat chairman Gianni Agnelli is facing an uncertain future. The facility, once a symbol of Italian automotive prowess, was recently decommissioned by former Stellantis CEO Carlos Tavares and has been listed for sale on the Italian real estate website Immobiliare.it.
“The decision to close the factory was a challenging one, but it was ultimately necessary to ensure the long-term viability of the Maserati brand,” Tavares said in a statement released at the time of the closure.
The factory,located in Turin,Italy,was built with the intention of producing high-performance luxury vehicles. However, it struggled to meet production targets and faced increasing competition from other luxury carmakers.
The sale of the factory marks a important moment for Maserati, which is currently undergoing a major restructuring under the ownership of Stellantis. The company is focusing on electrifying its lineup and expanding its global reach.
The future of the Gianni Agnelli factory remains unclear. Potential buyers could include other automotive manufacturers, real estate developers, or even technology companies looking to establish a presence in Turin.
An American-led team, spearheaded by renowned car designer jason Castriota, is poised to acquire the former Stellantis factory in Turin, Italy. The facility, which once churned out iconic Maserati vehicles, was shuttered in 2023 by then-CEO Carlos Tavares and listed for sale at a price of 25 million euros on Immobiliare.it.
Castriota, a native of White Plains, New York, with an impressive resume boasting stints at prestigious design houses like Saab, Bertone, and Pininfarina, established his company, Eve Nexus Srl, in turin on August 6th. The company’s mission, according to Castriota, is “designing and producing special vehicles.”
aiming for the Gianni Agnelli Plant (agap)
The team’s sights are set on the historic Gianni Agnelli plant (agap), a sprawling complex that once served as the heart of Maserati production. Castriota’s vision for the site remains shrouded in secrecy, but his reputation for innovative and groundbreaking automotive design suggests an exciting future for the dormant factory.
“We are thrilled about the prospect of breathing new life into this iconic facility,” Castriota stated. “Our goal is to create a hub for cutting-edge automotive design and engineering, while honoring the rich heritage of the Agap.”
The potential acquisition of the Agap by Castriota’s team marks a significant development in the Italian automotive landscape. It signals a renewed interest in reviving dormant industrial sites and fostering innovation within the sector. The project is sure to be closely watched by industry insiders and car enthusiasts alike.
Turin, Italy, is buzzing with the possibility of a new electric vehicle (EV) manufacturer setting up shop in the city. Eve Nexus, a company led by CEO Thomas Heffernan and chaired by American car designer jason Castriota, is reportedly in negotiations to acquire the former Stellantis plant in Grugliasco. The facility, named after Gianni Agnelli, has been dormant for a year, attracting a diverse range of potential buyers since it went on the market.
Eve nexus has aspiring plans for the plant,envisioning it as a hub for the production of three distinct EV models: a sporty coupe,a spacious SUV,and a “prestigious” compact car with a production run of 20,000 units. “We are in negotiations to take over the plant decommissioned by Stellantis a year ago and relaunch it in electric mobility,” said Castriota.
Though, the deal is far from finalized. The Grugliasco plant has attracted considerable interest since its closure. Potential buyers have ranged from Gianfranco pizzuto, who aimed to manufacture hypercars at the former Trident site, to a logistics operator and even a pig farmer. There have also been numerous rumors of Chinese car manufacturers eyeing the facility.
Castriota, a veteran of the automotive design world, honed his skills in Turin, the heart of Italy’s “Car Design Valley.” He began his career at Pininfarina, working alongside renowned designers like Ken Okuyama and lowie Vermeersch. His portfolio includes contributions to the Maserati Birdcage 75 and the Ferrari 612 Scaglietti. After a stint at Bertone, Castriota served as head of design at Saab during a turbulent period for the Swedish brand.
Since 2014, Castriota has run his own product design company.Now, with Eve Nexus, he is looking to make a significant impact on the burgeoning EV market, perhaps breathing new life into a historic Italian automotive site.
Turin is poised to become a hub for lasting mobility with the arrival of Eve Nexus Italy, a new company backed by a US investment fund. the company, headquartered in Turin’s Via San Quintino, is a subsidiary of Eve Nexus Inc., registered in Delaware.
Eve Nexus Italy boasts a share capital of €100,000 and operates under several registered brands, including Eve auto, Eve Ai, and Eve Mobility. The company’s focus on sustainable transportation echoes the vision of the late Sergio Marchionne, former CEO of Fiat Chrysler Automobiles, who championed electric vehicle development.
“we start again from Turin,” a company representative stated, highlighting the city’s significance in the company’s plans.
Eve Nexus initially established its presence in the United Kingdom but recently dissolved its UK registration. The company’s shift to Turin marks a strategic move to tap into Italy’s automotive expertise and manufacturing capabilities.
The arrival of Eve Nexus Italy is expected to generate excitement in the Italian automotive sector, particularly in Turin, a city with a rich history in car manufacturing. The company’s commitment to sustainable mobility aligns with global trends and could position Italy at the forefront of the electric vehicle revolution.
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A recent study conducted by researchers at the University of Turin has shed light on the complex relationship between urban green spaces and the well-being of city dwellers. The research, published in the journal “Urban Forestry & Urban Greening,” found a strong correlation between the amount of green space in a neighborhood and the reported levels of happiness and life satisfaction among residents.
“our findings suggest that access to nature plays a crucial role in promoting mental and emotional well-being in urban environments,” said Dr. Marco Miniaci, lead author of the study.“Green spaces provide opportunities for relaxation, physical activity, and social interaction, all of which contribute to a higher quality of life.”
The study involved surveying over 1,000 residents of Turin, Italy, about their levels of happiness, life satisfaction, and frequency of visits to green spaces. Researchers also analyzed satellite imagery to determine the amount of green space within a 500-metre radius of each participant’s home.
The results showed that individuals living in neighborhoods with a higher density of green spaces reported substantially higher levels of happiness and life satisfaction compared to those living in areas with less greenery. “These findings have important implications for urban planning and policy,” Dr.Miniaci emphasized. “Investing in the creation and maintenance of green spaces should be a priority for cities looking to improve the well-being of their residents.”
The study’s findings align with a growing body of research highlighting the numerous benefits of urban green spaces. From reducing stress and improving air quality to fostering community cohesion and promoting physical activity, green spaces are increasingly recognized as essential components of healthy and sustainable cities.
As urban populations continue to grow, the importance of incorporating nature into city design becomes ever more crucial. The University of Turin study serves as a powerful reminder that investing in green spaces is not just an aesthetic choice, but a vital investment in the well-being of urban dwellers.
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* **Automotive Industry:** the proposed acquisition of the former Stellantis plant, the history of Maserati in Turin, and the emergence of new EV manufacturers.
* **Urban Growth & Wellbeing:** The study about the connection between green spaces and happiness in Turin.
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The former Stellantis plant in Turin is poised for a new chapter in its storied automotive history. American designer Jason Castriota and his company, Eve Nexus, are aiming to acquire the facility to manufacture three new electric vehicle models.
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