Stellantis has extended its production pause for the Fiat 500
Stellantis announced today that it will extend its suspension of production of the all-electric Fiat 500 until November 1 due to low demand.
The company originally halted production of the 500 on September 12 and planned to idle the car's Mirafiori, Italy plant for four weeks. Now that shutdown has been extended for another three weeks.
The decision, Reuters reports, comes alongside a statement to unions claiming that the electric car market in Europe is "in deep trouble."
Despite the production halt, the Fiat 500 isn't dead. Over two years, Stellantis will invest more than $110 million, funding a hybrid petrol version that will arrive next year, reversing course on an all-electric lineup to account for dwindling demand.
