Fiat News
The layoffs are planned at the automaker’s Pomigliano and Pratola Serra plants.
CEO Olivier Francois expects the Grande Panda to become the Stellantis subsidiary’s bestseller by winning over customers in Europe, South America and Africa.
Comedian who plays EV repair man helps L.A. residents get a free 27-month lease for a 500e .
Fiat's current bestselling models are big in their home countries of Brazil, Italy and Turkey, but CEO Olivier Francois says the Grande Panda small hatchback will have wider appeal.
The new Grande Panda small hatchback is a key model for Fiat, which has largely been absent from the small segment.
Fiat is pinning its hopes on a product offensive after the brand’s registrations plunged in 2024 when it axed two models and lost government sales incentives in key markets.
The automaker plans to invest €2 billion in Italy in 2025 while the government pledged to €1.6 billion to support Italy’s automotive supply chain.
Despite plunging sales of Stellantis' Italian brands Fiat, Alfa Romeo and Lancia, the automaker will keep open its factories in the country, a top executive said.
Fiat sales are suffering from the end of production of the mild-hybrid 500 minicar and a weak debut of the 600 small hatchback.
Turin's Mirafiori plant — once the symbol of Fiat's might, employing about 60,000 — has shriveled to a shadow of its former self under Stellantis ownership.
