Things aren’t looking great for Stellantis. Sales for the company’s Dodge and Jeep brands in America are cratering, and its overseas brands aren’t doing much better. Adding to the bad news, Stellantis announced today it will extend its suspension of production for the all-electric Fiat 500 until November 1 over low demand.
The company originally stopped production of the 500 on September 12, planning to idle the car’s Mirafiori, Italy plant for four weeks. Now, that stoppage has been extended by another three weeks.
The decision, Reuters reports, comes alongside a statement given to trade unions claiming the electric car market in Europe is “in deep trouble.”
(Fiat never seems to learn they keep creating these cars with such limited range.)
This is what I have noticed with almost all of the micro commuter cars. They cost more than a Civic; often significantly more. If they were half the price of a Civic I bet people would be all over them.