Stellantis Revitalizes Italian Production

(Reuters) – Carmaker Stellantis (NYSE:STLA) announced a revitalization plan for its Italian operations, aiming to strengthen ties with the Italian government.

Overall Plan

• All factories in Italy will remain open and increase output starting in 2026 due to new model launches.
• Stellantis commits to production allocations until 2032 without needing public funds.
• Investment of 2 billion euros in 2025 and a total of 10 billion euros from 2021-2025.

Government Support

• Industry Minister Adolfo Urso announced a 1.6 billion euro investment to support the automotive supply chain, with over 1 billion euros allocated for next year.
• No new car purchase incentives through government funds will be provided in 2025.

Pomigliano D'Arco Plant

• Production of at least two compact models starting in 2028 using the new 'STLA Small' platform, with the old Panda model extended until 2030.

Melfi Plant

• Production of Jeep Compass, Lancia Gamma, and DS7 (both electric and hybrid versions) beginning in 2025, tripling production volumes.
• Manufacturing of the DS8 model in EV only.

Cassino Plant

• Building three large models, including the Alfa Romeo Stelvio SUV from next year, considering hybrid versions too.

Mirafiori Complex

• Hybrid version of the 500 city car to be produced from late 2025, with a next-gen version until 2032-2033.
• Plans to increase eDCT gearbox production from 600,000 to 900,000 units yearly.
• Establishing European operations headquarters here.

Atessa Van Making Plant

• Production of large EV vans initiated under various brands, with a new version planned for 2027.

Termoli Plant

• Reassessing plans to convert the engine facility into a gigafactory based on market demand and conditions.

Modena Plant

• Designated as the high-end hub for Maserati, future plans under consideration.