Italy's automotive workers plan to strike on Oct. 18 over a fall in output at Stellantis

Date:

Share post:


ROME — Workers in Italy’s automotive sector will go on strike on Oct. 18, the main metalworkers unions said Tuesday, in protest of declining output from Stellantis, the biggest carmaker in the country.

The unions also called for a national demonstration in Rome on the same day.

Stellantis, which was created in 2021 from the merger of Fiat-Chrysler with PSA Peugeot, registered a sharp drop in output at most of its Italian plants in the first half of 2024, according to data provided by the FIM-CISL union.

Projections are now for just over half a million vehicles produced by Stellantis in Italy in the full year, down from 751,000 in 2023, the union said.

Over the past 17 years, the struggling carmaker has slashed its Italian production by nearly 70%.

Stellantis, which counts the Jeep and Ram trucks among its brands, is currently looking for a new CEO to succeed Carlos Tavares, in what the company described as a normal leadership succession plan. The company added that it’s possible Tavares will stay on longer.

Tavares oversaw the merger of PSA Peugeot and Fiat-Chrysler but has come under fire from U.S. dealers and the United Auto Workers union after a dismal financial performance in the first half of the year.

Its North American operations had been the company’s main source of profits, but they have struggled this year amid larger market changes.

In Italy, Stellantis has been in talks for months with the right-wing government over plans to increase output there, but no agreement has been reached so far.

In a statement issued later Tuesday, Stellantis confirmed its commitment to finding “shared solutions to address the challenges regarding the automotive sector.” The group also stressed that the energy transition is a priority that can no longer be postponed and requires “huge and urgent measures” aimed at reducing production costs.

“We are confident that close collaboration with trade unions and the Italian government will allow us to find effective and sustainable solutions for our common future, transforming this crisis into an opportunity,” it added.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Albania to close TikTok for a year blaming it for promoting violence among children

TIRANA, Albania -- Albania's prime minister said Saturday the government will shut down the video service TikTok...

What changes should small businesses be aware of for 2025?

For small businesses, the biggest change in the new year will be the arrival of a presumably...

The Latest: Schumer says Senate on course to pass bill before funding lapses at midnight

With hours to go before a midnight government shutdown, the House approved a new plan from House...

Senate eyes vote before midnight on government funding after House approves bill to prevent shutdown

WASHINGTON -- Approaching a midnight government shutdown deadline, the Senate set up votes toward final passage late...

Crowds in Mayotte vent frustration with cyclone response as Macron tours devastation

MIRERENI, Mayotte -- Crowds in Mayotte vented their frustration at French President Emmanuel Macron, with some booing,...

Government funding difficulties create gloom for federal workers before Christmas

ANNAPOLIS, Md. -- Johnny Zuagar says he’s tried to hide his worries about a potential government shutdown...

NTSB trying to determine why tractor-trailer stopped on train tracks before deadly West Texas crash

PECOS, Texas -- Federal officials investigating the deadly West Texas collision between at Union Pacific train and...

VW wage deal for 120,000 German workers avoids layoffs, plant closures

FRANKFURT, Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for...