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Stellantis' Production in Italy Drops Nearly 10% in Q1
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Stellantis' Production in Italy Drops Nearly 10% in Q1
Apr 5, 2024 5:55 AM

08:37 AM EDT, 04/05/2024 (MT Newswires) -- Stellantis' ( STLA ) production in Italy dropped nearly 10% in Q1 of 2024, compared with 2023, Italian metal workers union FIM-CISL said Friday.

The union said that after two years of growth, the Amsterdam-based automaker produced 170,415 units of cars and commercial vans during the quarter, compared with 188,910 a year earlier.

The biggest decline was in the production of cars, which dropped nearly 24%. This was partially offset by a 28.5% increase in the production of commercial vehicles.

Representatives for Stellantis ( STLA ) did not immediately respond to a request for comment from MT Newswires.

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