Stellantis Faces Record Low Production in Italy Since 1956

The production levels of Stellantis, the automotive manufacturer formed from the merger of Fiat Chrysler Automobiles and Groupe PSA, have plummeted to the lowest figures recorded in Italy since 1956, according to reports from the Italian metalworkers' union FIM CISL. In the first quarter of 2025, output dropped significantly compared to the same period in 2024, which was already deemed a challenging year for the company.

Stellantis produced a total of 109,900 passenger cars and commercial vehicles in Italy during the first three months of the year, marking a staggering decrease of 35.5%. This figure represents the lowest production rate seen in 69 years. Specifically, the number of passenger cars manufactured fell to 60,533, a decline of 42.5% compared to the first quarter of the previous year. Meanwhile, production of commercial vehicles decreased by 24.2%, resulting in 49,367 units produced.

Ferdinando Uliano, head of the union federation, expressed concerns over the dire financial situation facing all Stellantis factories in Italy, indicating that the imposition of US tariffs is likely to exacerbate the crisis. In the Mirafiori production plant located in Turin, only 9,860 vehicles were produced in the first quarter of 2025, a sharp decline from over 12,000 units just two years prior. Additionally, Maserati's output has drastically reduced from 27,000 vehicles to just 10,000, reflecting a 64% drop in production.

Despite the prevailing challenges, Stellantis is committed to continuing its investments within the Italian market. John Elkann, the chairman of Stellantis, recently assured stakeholders that the company would not withdraw its investments in Italy, despite the ongoing difficulties faced by the European automotive sector.

The year 2025 is expected to remain challenging for Stellantis, with the industry feeling the impact of fluctuating market conditions. The union's warnings underscore the broader repercussions of international trade policies on domestic manufacturing.