Stellantis has confirmed the next-generation Fiat 500 will debut in 2032, despite the challenges posed by slowing sales of the current all-electric 500e model. The automaker has also pledged to maintain production of the iconic Cinquecento at its Mirafiori plant in Turin well beyond 2030, underscoring its commitment to Italian manufacturing.
The current electric Fiat 500e has struggled to gain traction in the European market, leading Stellantis to repeatedly pause production due to weak demand. Speaking to local media, Stellantis Chief Operating Officer for the Enlarged Europe region, Jean-Philippe Imparato, outlined plans to reinvigorate the Fiat 500 lineup. A mild-hybrid version, dubbed the 500 Ibrida, is slated for release in November 2025, complementing the existing EV model.
“Once the lineup is complete with electric and mild-hybrid options, our goal is to return to producing about 100,000 cars annually,” Imparato said. He attributed the current EV market slowdown to economic uncertainty and evolving mobility preferences, with consumers hesitant to commit to electric or hybrid vehicles amidst shifting regulations and financial pressures.
Imparato noted that Fiat has historically adapted to changing market conditions and emphasized Stellantis’ broader strategy to tackle increasing competition, particularly from China, which is set to achieve 90% electric vehicle adoption within three years. “We must push competitiveness and collaboration to lighten costs—technology, batteries, and software must be optimized,” he said, adding that Stellantis plans to launch 14 new models, including hybrids and EVs, to bolster its lineup.
Despite economic challenges and a leadership transition following CEO Carlos Tavares’ unexpected resignation last week, Stellantis has assured stakeholders it will not shut down any Italian factories. As it forges ahead with electrification, the automaker continues to prioritize its heritage and manufacturing roots in Italy.
Source: Quattroruote
