The temporary head of Stellantis John Elkann is currently trying to find ways to restore production to Italy.
In the first quarter of 2025, the manufacture of stellantis cars in Italy was reduced by 36% – up to 109,900 units. This is the worst result for the same period since 1956, reports Bloomberg.
According to representatives of the Fim-Cisl trade union, this year you should not expect improvement. The demand for traditional models remains lazy, the transition to electric cars is slow, and the new duties of the US in European cars have created a complex combination of challenges for Italy.
The temporary head of Stellatis John Elkann, who leads the company after the resignation of Carlos Tavares, is currently focusing on finding ways to restore production to Italy. Last month, at Roman parliamentary hearings, he confirmed the promise of investing € 2 billion in the national automotic industry, though he warned that the growth of trade barriers could negatively affect these plans.
Stellantis has many production sites in Italy, including the Fiat Historical Plant in Turin. Models like Compact Fiat 500, Maserati Granturism premium cars, as well as commercial vans for various brands of concern are made in the country.
We reminded, earlier that Volkswagen electric vehicles sales have grown in Europe, but fell to China.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.