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Italy Car Industry Struggling For Survival, Lobby Group Says
- Unions stage protest in Rome over declining production
- Stellantis has been shuttering plants due to poor demand
Stellantis is Italy’s biggest automaker by a large margin.
Photographer: Marco Bertorello/AFP/Getty ImagesThis article is for subscribers only.
Italy’s car industry faces an existential threat if manufacturers led by Stellantis NV don’t reverse a trend of declining production in the country, according to an automotive trade group.
Stellantis’ passenger-vehicle output in Italy slumped 41% in the first nine months of this year, fueling concerns over potential job losses. At least 2,000 people joined protests in Rome on Friday, holding banners and carrying flags.