08:37 AM EDT, 05/12/2025 (MT Newswires) -- Stellantis ( STLA ) said Monday that it is on track to begin production of its Fiat 500 Hybrid model at its Mirafiori plant in Turin before the end of the year, with a target for November.

The automaker said it aims to produce 100,000 units of the hybrid vehicle per year as production reaches full capacity.

Shares were 7.8% higher in recent premarket activity.