TSLA347.850-4.9905%
GM78.750-1.72%
F12.190-0.1139%
RIVN15.0850.115%
CYD32.400-0.21%
HMC31.965-0.125%
TM185.415-1.3%
CVNA62.710-0.91%
PAG201.115-0.665%
LAD284.610-4.65001%
AN153.875-2.925%
GPI238.570-2.36%
ABG171.690-2.26%
SAH58.830-1.02%
TSLA347.850-4.9905%
GM78.750-1.72%
F12.190-0.1139%
RIVN15.0850.115%
CYD32.400-0.21%
HMC31.965-0.125%
TM185.415-1.3%
CVNA62.710-0.91%
PAG201.115-0.665%
LAD284.610-4.65001%
AN153.875-2.925%
GPI238.570-2.36%
ABG171.690-2.26%
SAH58.830-1.02%
TSLA347.850-4.9905%
GM78.750-1.72%
F12.190-0.1139%
RIVN15.0850.115%
CYD32.400-0.21%
HMC31.965-0.125%
TM185.415-1.3%
CVNA62.710-0.91%
PAG201.115-0.665%
LAD284.610-4.65001%
AN153.875-2.925%
GPI238.570-2.36%
ABG171.690-2.26%
SAH58.830-1.02%

Stellantis commits to Italy with multi-billion euro investment in EV expansion

The automaker reaffirmed its dedication to Italy, pledging the investment in local production for 2024.
Stellantis has resolved its ongoing tensions with the Italian government, signaling a renewed commitment to the country’s automotive sector

Italian Industry Minister Adolfo Urso

Stellantis has resolved its ongoing tensions with the Italian government, signaling a renewed commitment to the country’s automotive sector with a significant investment. This announcement, coming just two weeks after the departure of former CEO Carlos Tavares, includes a €2 billion ($2.1 billion) commitment to Italian production and the introduction of several new models.

During a recent meeting with Italian Industry Minister Adolfo Urso and trade union representatives, Stellantis executives, including Chairman John Elkann, confirmed that all Italian plants would remain operational. The automaker reaffirmed its dedication to Italy, pledging the investment in local production for 2024.

New Models and Plant Updates

Alfa Romeo: According to the automaker, the Cassino plant will see significant activity by introducing three new models, including the next-generation Alfa Romeo Stelvio and a 2026 replacement for the iconic Giulia sports sedan. Both models will be available in electric and hybrid versions, signaling a strong push toward electrification. Additionally, the plant will produce a flagship Alfa Romeo model, though specifics remain undisclosed.

Compact and Electric Models: The Pomigliano D’Arco plant in southern Italy will begin producing at least two new compact models, utilizing Stellantis’ STLA Small platform. These models are expected to enter production in 2028. The factory will continue producing the Fiat Panda until 2030, after which a next-generation Panda model will replace it. The Melfi factory will also ramp up production, including electric and hybrid versions of the Jeep Compass, Lancia Gamma fastback, DS 7, and eventually the all-electric DS 8.

Mirafiori and Other Facilities: Stellantis has outlined plans for the Mirafiori plant, where production of a hybrid version of the Fiat 500 will begin in late 2025. This model will be produced at the site until at least 2032 or 2033. Additionally, the Mirafiori plant will see an increase in the production of electrified dual-clutch transmissions, ramping up from 600,000 to 900,000 units annually.

Jean-Philippe Imparato, Stellantis’ European chief, announced that the company will restructure the Maserati plant in Modena as its hub for high-end vehicles. At the same time, the Atessa facility will continue producing large electric vans, with a new generation set to launch in 2027.

Commitment to Italy’s Future

In addition to the production commitments, Imparato reassured Italian officials that Fiat’s headquarters would remain in Turin, though Stellantis’ fiscal base will stay in the Netherlands. The company also emphasized not seeking public funds for these planned investments.

The investment underscores Stellantis’ long-term strategy to continue its presence in Italy while adapting to the rapidly changing automotive landscape, particularly the shift toward electrification.

Read More
More from Articles
Walser Automotive Group acquires three Twin Cities dealerships (1)

Walser Automotive Group acquires three Twin Cities dealerships

- September 30, 2026
Walser Automotive Group acquired Metropolitan Ford of Eden Prairie, Suburban Chevrolet in Eden Prairie and Freeway Ford in Bloomington, Minnesota, from Metropolitan Corp. on September 23, 2026. The stores will...
GM and LG expand LMR battery production with 500 new Tennessee jobs

GM and LG expand LMR battery production with 500 new Tennessee jobs

- September 30, 2026
On the Dash: Ultium Cells plans to become the first manufacturer to commercially produce LMR prismatic battery cells, with production expected to begin after facility upgrades are completed in 2028. ...
Mercedes-Benz won't be banned under Chinese vehicle bill, Sen. Bernie Moreno says

Sen. Moreno says Chinese vehicle bill will not ban Mercedes-Benz in the U.S.

- September 30, 2026
On the Dash: Sen. Bernie Moreno (R-Ohio) says the Chinese vehicle bill will not ban Mercedes-Benz from selling in the U.S. Mercedes-Benz has nearly 20% Chinese ownership, which is above...
BMW targets 5% margins by 2028 as it expands local production

BMW targets 5% margins by 2028 as it expands local production

- September 30, 2026
On the Dash: BMW is targeting a 3% to 5% automotive division margin by 2028, with a longer-term goal of 8% to 10% in the early 2030s. The automaker plans...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.