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    Home > Finance > Stellantis to manufacture new mass market model in Italy, sources say
    Finance

    Stellantis to manufacture new mass market model in Italy, sources say

    Published by Global Banking & Finance Review®

    Posted on December 17, 2024

    1 min read

    Last updated: January 27, 2026

    This image depicts Italy's Prime Minister Giorgia Meloni, emphasizing the government's demand for transparency from UniCredit regarding its takeover bid for Banco BPM. The article explores the implications of golden power rules in the finance sector.
    Italy's Prime Minister Meloni discusses UniCredit's BPM bid - Global Banking & Finance Review
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    Quick Summary

    Stellantis will produce a new mass market model in Italy, focusing on hybrid vehicles. The plan, to be presented to the Italian government, includes limited electric vehicle production.

    Stellantis Plans New Mass Market Model Production in Italy

    MILAN (Reuters) - Stellantis will assign a new mass market model to one of its Italian plants as part of a long-term production plan due to be presented on Tuesday to the Italian government, two sources told Reuters.

    The plan will include a bigger number of hybrid models to be made in Italy, the sources said, as fully electric vehicles are still expected to be produced in small volumes for the next few years ahead.

    (Reporting by Giulio Piovaccari, editing by Alvise Armellini)

    Key Takeaways

    • •Stellantis to produce a new model in Italy.
    • •Focus on hybrid models in the production plan.
    • •Electric vehicles to remain in limited production.
    • •Plan to be presented to the Italian government.
    • •Long-term strategy for Italian manufacturing plants.

    Frequently Asked Questions about Stellantis to manufacture new mass market model in Italy, sources say

    1What is the main topic?

    The article discusses Stellantis's plan to produce a new mass market model in Italy, focusing on hybrid vehicles.

    2What type of vehicles will Stellantis focus on?

    Stellantis will focus on producing hybrid models in Italy, with limited production of fully electric vehicles.

    3Who will Stellantis present their plan to?

    Stellantis will present their long-term production plan to the Italian government.

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