September 30, 2025

Buckle up, car lovers and industry watchers! Stellantis, the automotive giant that owns famous Italian names like Fiat, Lancia, and Alfa Romeo, has hit a rough patch in Italy. Over the last four years, this powerhouse has slashed nearly 10,000 jobs, as revealed by the Fiom-Cgil union on Monday. But that's not all — vehicle production has suffered a jaw-dropping fall too, more than halving since 2004! Let's break down the numbers: Stellantis had a strong workforce of 37,288 people in Italy at the end of 2020, but that shrank to just 27,632 by the end of 2024. Vehicle production tells a similar tale — from about 1 million units in 2004 to less than 480,000 in 2024. This huge drop impacts not only cars but also vans and small trucks. The union titled their report "Stellantis: the great escape," highlighting how these beloved Italian brands have downsized steadily amid speedy changes in the car world. The challenges? Electrification is shaking things up, and fierce competition from China is turning up the heat. To add to the woes, the demand for new cars is cooling off, making it hard for Stellantis to hold its grip in Italy and across Europe. Market share has been slipping like sand through fingers — the company’s slice in Italy dropped below 30% last year, down from over 35% just two years ago. Stellantis didn’t respond immediately to requests for comment, but the company's moves speak volumes. Here comes a hopeful twist! Stellantis plans to bring back some shine to Italian soil with the launch of a hybrid version of the Fiat 500 city car. This little wonder is set to roll out later this year from the historic Mirafiori plant in Turin, the heartland of Fiat. Could this hybrid hope help Stellantis zoom back to glory in its hometown? Only time will tell. But for now, the story is clear — tough times in Italy’s car industry, yet a spark of revival just around the corner.

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Tags: Stellantis, Italy, Job cuts, Fiat, Vehicle production, Automotive industry,