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Italian Auto Workers Strike as Stellantis Faces Mounting Pressure


Workers in Italy’s automotive sector have staged a national strike for the first time in two decades, protesting poor working conditions and the uncertain future of the industry. Tens of thousands of car workers marched in Rome, demanding government intervention to protect employment and the future of car manufacturing in Italy. The strike was triggered by concerns over global car manufacturer Stellantis’ unclear production plans, which have led to a 40% decrease in production compared to last year.

Stellantis, created from the merger of Fiat-Chrysler and PSA Peugeot, is facing financial strains and intense competition, leading to potential job cuts and factory closures. CEO Carlos Tavares has blamed EU carbon emission rules for escalating production costs and suggested the need for state incentives to boost demand for electric cars. The company has issued a profit warning, anticipating a loss of up to €10bn this year.

The Italian and French factories of Stellantis are also facing uncertainty, with plans for a three-year production strategy expected to be announced in November. CEO Tavares has been criticized for the company’s poor financial performance and cost-cutting measures, including delaying factory openings, laying off workers, and offering buyouts. While a leadership change is in the works, Tavares may continue in his role beyond his current contract’s expiration in 2026. The automotive sector in Italy is at a critical juncture, with workers urging the government to take action to safeguard jobs and the industry’s future.

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Photo credit www.euronews.com

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