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.)
I see a lot of Peugeots and Citroëns on the road here, including the newer electric models. That electric Fiat 500 is stupid tho. I don’t know how anybody could be surprised at that thing not selling. I’d love an electric Fiat 500 if they made a good one, guess I’ll have to keep waiting.