Earlier this year, Fiat announced that it intends to increase Panda production by about 20 percent in order to meet demand, as data showed that this car is the leader on the Italian market, but also the leader of the A segment on the old continent. However, a few days ago Stellantis announced that it was temporarily suspending production at the Pomigliano d’Arco, Termoli and Pratola Serra plants.
Stellantis’ decision may come as a surprise to those who know that in July this model was the best-selling vehicle in Italy with 63,500 units sold, which is a 21 percent increase compared to 2023. However, those who know what’s going on at the company know that Stellantis recently did something similar at the Mirafiori plant, where the Fiat 500e and Maserati GranTurismo are made.
One of the world’s largest car manufacturers will stop production from November 11, and the reason is tough market conditions. The suspension of production will last for several days.
It seems that Stellantis is in a more difficult situation than it seems, and that difficult decisions are ahead of this group.
Source: Reuters