ItalianManufacturing

Stellantis Faces Huge Decline in Italian Vehicle Production: The Worst Numbers Since 1956

1 month ago

In a stark reflection of the ongoing challenges faced by the automotive industry, Stellantis has reported a significant drop in vehicle production in Italy. The total output has plunged to its lowest level in over six decades, signaling a troubling trend that raises serious concerns about the future of manufacturing in the region.

Pirelli's Board Pursues Strategy to Diminish Stake of Chinese Parent Sinochem

2 months ago

Pirelli, the renowned Italian tire manufacturer, is actively exploring measures to reduce the stake of its Chinese parent company, Sinochem International Corp. as part of a broader strategy to regain control over its operations and strengthen its financial resilience. This development signals a significant shift in the governance of one of the most recognized names in tire production, reflecting Pirelli's pursuit of greater independence in a competitive market.

Stellantis to Transfer Maserati Production to Underused Italian Facility in Strategic Move

2 months ago

In a significant move to optimize manufacturing operations, Stellantis, the multinational automotive manufacturing corporation, has announced plans to shift Maserati output to an underutilized plant in Italy. This decision comes as part of the company's strategy to leverage existing resources and enhance production efficiency as demand for luxury vehicles continues to evolve.