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Stellantis to add new car models to its Italy plants

The Straits Times

|

December 19, 2024

Stellantis vowed to replenish its Italian plants with new models over the next few years as part of a push to repair relations with government and union leaders infuriated by dramatic declines in production.

None of the company's sites in Italy will be shut down, and 2026 capacity will increase, driven by the new entries, Mr Jean-Philippe Imparato, head of Stellantis' enlarged Europe region, said during talks in Rome with unions and Industry Minister Adolfo Urso on Dec 17.

The carmaker plans to invest €2 billion (S$2.8 billion) in Italy in 2025, and committed to €6 billion in orders from its suppliers in the country, Mr Imparato said.

Under the plan, Stellantis foresees Italian production of 500,000 vehicles in 2025 and a 50 per cent increase in 2026 to around 750,000 units, he added. That is roughly the level of 2023.

Mr Imparato said he could not pledge to bolster production to one million units, as previously demanded by the Italian government.

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