Stellantis' Great Escape: Italian Jobs and Production Plunge
Update: 2025-09-29
Description
Italian Automaker Stellantis Faces Great Escape: Massive Job Cuts and Production Plunge! Stellantis, parent of Fiat and Alfa Romeo, has slashed nearly 10,000 Italian jobs in four years, with vehicle production plummeting by over half. Facing weak demand, Chinese competition, and the EV transition, Stellantis's market share is shrinking. Can the new hybrid Fiat 500, launching from Turin's historic Mirafiori plant, spark a turnaround and ease worker anxiety?
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