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Stellantis Faces 37% Drop in Italy Production, Reaches Lowest Output Since 1956

share-iconFriday, January 03 comment-icon2 weeks ago 4 views
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reutersREUTERS
Stellantis Faces 37% Drop in Italy Production, Reaches Lowest Output Since 1956

Credited from: REUTERS

  • Stellantis production in Italy plunged by 37% in 2024, with vehicle output hitting its lowest level since 1956.
  • The car manufacturer's current output stands at 475,090 vehicles, down from 751,384 in 2023.
  • Passenger car production dropped by 46%, while commercial vehicle output also decreased by 17%.
  • To combat these issues, Stellantis is focusing on state-funded temporary layoffs and plans to increase production from 2026.
  • The FIM-CISL union is pushing for a review of EU carbon emission targets with a protest planned in Brussels on February 5.

For more details, visit the original article here.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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