Stellantis has reduced nearly 10,000 jobs in Italy in the past four years while vehicle production has dropped sharply over the past two decades, according to a report released on Monday by the Fiom-Cgil metalworkers’ union.
The union said Stellantis’ Italian workforce fell to 27,632 at the end of 2024, down from 37,288 in 2020. Vehicle production, including vans and small trucks, has more than halved since 2004, dropping from around 1 million to fewer than 480,000 units in 2024. The report, titled “Stellantis: the great escape”, highlighted the challenges facing the group’s Italian operations.
Stellantis, formed from the merger of Fiat Chrysler and PSA Group, includes Italian brands Fiat, Lancia and Alfa Romeo, whose production volumes have been scaled back in recent years amid electrification pressures and rising competition from Chinese carmakers.
The report noted that Stellantis’ market share in Italy fell below 30% last year, compared with more than 35% two years earlier, reflecting weaker demand for new vehicles across Europe and declining competitiveness.
The company has said it intends to revive Italian production with new models, including a hybrid version of the Fiat 500 city car, which is expected to enter the market later this year from the Mirafiori plant in Turin, Fiat’s historic base.
Source: Reuters
