Stellantis Cuts 10,000 Italian Jobs Since 2020

Stellantis Cuts 10,000 Italian Jobs Since 2020​

Union Says Automaker’s Production Has More Than Halved Since 2004​

Stellantis has reportedly eliminated nearly 10,000 jobs in Italy over the past four years, according to a new report from the Fiom-Cgil union. The announcement highlights the challenges the automaker is facing as it adapts to shifting demand, the transition to electrification, and growing pressure from Chinese automakers.

Stellantis Cuts 10,000 Italian Jobs Since 2020

Stellantis cuts 10000 Italian jobs since 2020, highlighting major challenges in the automotive industry amid shifting demands.

moparinsiders.com

 

[patfromigh]

Fiat is in big trouble in Europe. The brand bet heavily on battery electric and it has come back to bite them. Sales of the 500e died with the government rebates in the EU countries, while Abarth sales came to a screeching halt when the brand went all EV. The Grande Panda was farmed out to Serbia where Stellantis is paying slave wages. There has been labor unrest over this. On top of that, all the newer Stellantis models use the same PSA based engines which are often combined with the Punch transmission. The Fiat 600 is built in Eastern Europe and uses drive train parts from that same region. Stellantis seems to be winding down the Italian sourced GME production in favor of the engines from a French origin. No wonder the Italian workers are mad.

The tariff situation here complicates things and threatens Fiat and Alfa sales which are alarmingly low to begin with.