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.

 

[bill burke]

When you bet on the wrong horse you lose. It will take time to recoup losses. A tell tale sign auto executives ignored was the need for cash incentives to move those electrics, not smart. Pure hybrids will make up the bulk of alternative powered vehicles and most BEVs will go away or be order only products that loose money in a fast shrinking market. Off to the soap factory for those electric nags.

 

[patfromigh]

The EU and Canada are still going ahead on their EV mandates. Since the US market share for Fiat and Alfa is so miniscule, we won't help much in this situation. The Fiat brand won't survive in the USA by selling only the 500e, there needs to be other models offered here as well. The Fiat 500 hybrid is an encouraging sign because it demonstrates the design of this new Fiat 500 generation is flexible enough to allow for gas or electric. Unfortunately the hybrid drive train in the new 500 is too weak for our market conditions.

The solution is to use American built engines and transmissions for both the 500 and Grande Panda. In the case of the 500 domestic engines might bring some tariff relief. The Grande Panda should be built here since it could share a platform with a Jeep Renegade replacement, as well as some other Panda based vehicles having the potential to be sold as a Dodge or Chrysler product. Building the products here allows for more domestication to please American audiences. The Dodge Hornet confused people and the price cuts harmed the Alfa Romeo Tonale it was based upon.