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.)
It’s almost like, and hear me out, making EVs that are both expensive AND have very little range is a dumb idea. Make it cheap, small, and low range? Awesome, perfect little city car. Make it expensive but bigger and high range? Sure, at least it adds utility to justify the price.
Exactly. I was at our state fair and looked at a lot of evs. Not a single one was under 35k.