They stop production of the Fiat 500 due to low sales

by times news cr

The production of fiat 500 ​ in its electric‍ version and the models Maserati will be suspended again December 2 to ⁣17 in the plant Mirafiorinearly Turindue to ⁣falling sales, the automaker announced Stellar.

This ‍decision is due to the “persistent uncertainty over ‌sales of electric vehicles in several European markets”‌ and of luxury cars, especially in China y⁣ USAStellantis noted. Italia in a statement.

After this suspension, the plant will close December 18 to January 5 as part of the‍ end-of-year festivities, under an internal agreement.

Electric vehicles represent ​97% of Mirafiori production, where the models are also manufactured Maserati GranTurismo y Maserati GranCabrio.

The suspension of production of the small electric car currently affects only the body shops and their⁢ 1,800 employees, but not the rest of the Mirafiori complex, which‌ has five factories ​and administrative offices,‌ totaling 13,000 workers. stellantis explained.

Sales of electric urban ​cars⁤ in⁣ Europa They fell 54% in the first 10 months of the year, according to the same source.

Furthermore,⁤ electric vehicles represent only⁤ 4% of the sector’s sales in Italy. “This is not enough to maintain production continuity,” the company​ argued.

The declaration of this new suspension of Fiat 500 occurs in a context of ​controversy with the government of Giorgia Meloniwhich accuses Stellantis of relocating its production to low-cost countries, to the detriment ​of Italian factories.

Mirafiori workers faced several episodes of work suspension⁤ this year due to decreased demand.

However, ⁤Stellantis is ⁤committed to “guaranteeing the continuity of all its plants and activities” in Italy during “this crucial phase of transition towards the adoption of new technological platforms.”

The car manufacturer Stellantis⁢ announced a ⁣few weeks ago changes such as the retirement of ‍its CEO Carlos Tavareswho is retiring.

‌What are‌ the main challenges ‍currently facing electric⁤ vehicle production​ in Europe? ‍

Interview: The Future of Fiat 500 Electric Production and the Automotive Industry Amidst Market Challenges

Editor: Today, we have with us dr. Elena Ferri,an‍ expert in automotive ​market trends and technologies. ​Dr.Ferri, thank you for joining us​ to discuss Stellantis’ recent declaration regarding the suspension of Fiat 500 electric production‍ at the ⁣Mirafiori ⁢plant. Can you ​explain the reasons behind this decision?

Dr. Ferri: Thank⁣ you for ⁤having me. The suspension of Fiat ⁣500 production, along ‍with the ‌Maserati models, reflects‌ ongoing challenges in the automotive sector, notably for electric ⁢vehicles (EVs). Stellantis has cited​ “persistent uncertainty over sales of electric vehicles ​in‌ several European markets” and⁤ declining‍ demand for luxury cars, especially in key regions ​like China and‍ the‍ USA.

Editor: ​That’s insightful. The article mentions that electric​ urban car sales​ in​ Europe fell by 54% in ⁤the ⁢first‍ ten months of the year. What do you think are driving factors ‌for this significant⁢ decline?

Dr. Ferri: ⁢There are several ⁤factors at play here. First, there’s intense competition in the EV market, which has led to price wars and increased ‍consumer hesitance. Additionally, macroeconomic factors ⁤such as inflation and rising interest rates have‍ affected consumer purchasing power. In Italy, electric vehicles currently represent only about 4% of ⁢total sales, which clearly isn’t enough to​ support production continuity at Mirafiori or‍ other plants.

editor: With Fiat​ 500 representing a significant portion of⁤ Mirafiori’s output,how do you see this impact on employees,particularly the body shop workers?

Dr. Ferri: The⁣ suspension⁢ primarily affects 1,800 employees in ⁢the body shops, but fortunately, the rest ⁢of the Mirafiori complex remains operational.However, given that workers have faced multiple suspensions throughout the year ‌due to decreased demand, there’s certainly a growing sense ‌of instability.It’s ​critical for ⁢Stellantis to balance these operational adjustments with employee welfare to⁢ maintain morale and productivity.

Editor: The current situation has also triggered controversy⁣ with the Italian government, especially against the backdrop⁤ of accusations‌ regarding production relocation. How does this influence the strategic ‍direction of companies⁤ like Stellantis?

Dr.Ferri: ⁣ Stellantis is ⁣under‌ significant scrutiny from the Italian‌ government,⁣ which is understandably concerned about the preservation of local jobs. This dynamic creates pressure ​for transparency and​ stronger ​commitments to local production. As Stellantis‌ transitions toward new​ technology‍ platforms and ⁣potentially restructures under new leadership following ‍Carlos Tavares’ retirement, they must demonstrate a genuine commitment to Italian factories while managing global⁣ supply chain⁤ efficiencies.

Editor: You mentioned the transition towards new technological platforms. What advice ⁤would you⁤ give to industry stakeholders as the market navigates this critical phase of EV ⁣adoption?

Dr.Ferri: Stakeholders should focus on several key areas: first,​ investing in‍ R&D to innovate and address consumer concerns about⁢ EV range and‍ battery longevity. Second, fostering partnerships with ​governments to facilitate infrastructure development, such ⁤as more extensive charging networks. communication is vital—automakers need to transparently⁤ convey their plans for production continuity and⁤ worker⁤ roles in this transition to align with public and governmental‍ expectations.

Editor: Thank ‌you, Dr. Ferri, for your expert insights. This is⁢ a crucial time for the automotive industry, especially⁣ as it faces challenges in EV market adoption and production decisions.Your analysis provides clarity not only to industry stakeholders but also⁢ to potential consumers.

Dr. Ferri: Thank you for having‌ me.It’s a pleasure to share insights on such an ⁤evolving topic. The future of​ electric vehicles​ will undoubtedly play a pivotal role in shaping the automotive landscape in the coming ⁣years.

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