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Finance

Posted By Global Banking and Finance Review

Posted on January 3, 2025

Stellantis Italy output falls to 475,090 vehicles in 2024, cars at lowest level since 1956

MILAN (Reuters) - Production of vehicles by car maker Stellantis in Italy fell by 37% last year, dragged down in particular by a steep plunge in the number of cars manufactured in the country, with activity contracting at all plants, union figures showed.

The FIM-CISL union said on Friday Stellantis manufactured 475,090 vehicles in Italy last year, down from 751,384 in 2023.

The production of cars, in particular, shrank by 46% to the lowest level since 1956, while the output of new commercial vehicles posted a reduction of 17%.

(Reporting by Valentina Za, editing by Alessandro Parodi)

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