Finance
Stellantis extends stoppage at Fiat 500 plant until Jan. 20
Published by Global Banking & Finance Review®
Posted on December 20, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 20, 2024
1 min readLast updated: January 27, 2026
Stellantis extends the Fiat 500 production halt at Mirafiori until Jan. 20 due to low demand. Maserati models also face production delays.
MILAN (Reuters) - Automaker Stellantis said on Friday a pause in production of its electric Fiat 500 city car will be extended by another couple of weeks until Jan. 20, confirming the expectations of trade unions.
Car assembly lines at Mirafiori, the historic northern Italian factory where the Fiat 500 is made, have been halted repeatedly this year, with workers temporarily furloughed, due to low European demand for electric vehicles.
The current stoppage began in early December.
In meetings with trade union representatives, the company announced a longer halt in production, until Feb 3, for the two small-volume Maserati sports car models that are also manufactured in Mirafiori.
This week Stellantis presented to the Italian government an upbeat plan to revitalise its output in Italy, but European operations chief Jean-Philippe Imparato said its effects will not be felt before 2026.
Automotive output in Italy - both passenger cars and vans - is expected to fall below 500,000 vehicles this year, according to estimates from the FIM-Cisl union, from 751,000 in 2023. It would be the lowest level since 1958.
(Reporting by Giulio Piovaccari and Alvise Armellini, editing by Gavin Jones)
The article discusses Stellantis extending the production halt of the Fiat 500 at the Mirafiori plant due to low demand.
The production is halted due to low European demand for electric vehicles.
Stellantis plans to revitalize its Italian output by 2026.
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