Diamond Member Pelican Press 0 Posted October 7, 2024 Diamond Member Share Posted October 7, 2024 This is the hidden content, please Sign In or Sign Up Production halt extended on quirky Fiat EV Stellantis has extended its production pause of the Fiat 500e by a further three weeks, citing the continuing global slowdown of electric vehicle (EV) sales. The halt began in mid-September this year, when it was reported that production at the company’s historic Mirafiori factory in Turin, Italy would be This is the hidden content, please Sign In or Sign Up and resume on October 11. Now, This is the hidden content, please Sign In or Sign Up reports the 500e will be out of production until at least November 1, with Stellantis citing “weak orders” as the reason for the suspension. 100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. This is the hidden content, please Sign In or Sign Up . Camera IconSupplied Credit: CarExpert Reuters also reports that Stellantis CEO Carlos Tavares will address an Italian parliamentary committee on October 11 after the company warned about slowing EV demand. According to a statement from the carmaker, he will not only “provide the most exhaustive picture of the group’s automotive production in Italy”, but outline options to tackle the rapidly changing automotive market both in Europe and globally. “The complex international and ********* situation of the automotive sector requires rapid responses.” Stellantis Australia previously confirmed to CarExpert that the production halt would not impact local 500e supply. data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpert Fiat is one of many carmakers to struggle with the slowdown in EV sales abroad, leading many to either revise their plans to switch exclusively to EVs, cancel investments in factories, and/or reduce production of battery-powered models. Despite the downturn, Stellantis is investing €100 million (A$161 million) into upgrades for the Mirafiori plant, with plans to improve electric drive batteries and also start producing a hybrid version of the 500 from 2025. This is the hidden content, please Sign In or Sign Up the previous-generation, petrol-only 500, leaving only the electric 500e in production and, while local imports have ceased, the outgoing Fiat 500 ******** on ***** in Australia until stocks are exhausted. A total of 418 Fiat 500s have been sold in Australia to the end of September this year, though sales figures do not differentiate between petrol, EV, and Abarth-branded models. data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpert It isn’t just Europe where demand for EVs has softened in 2024. While sales continue to grow in Australia, their rate of growth is considerably This is the hidden content, please Sign In or Sign Up (PHEVs). There were 70,094 EVs sold over the nine-month ******* from January to September this year, up 6.6 per cent on the same ******* last year when 65,743 were sold. In contrast, hybrid vehicle sales year-to-date are up 87.0 per cent, while PHEV sales are up 120.5 per cent. Tesla ******** the EV sales market leader, though its sales are down 19.08 per cent year-to-date. BYD, ranked second, recorded a 37.53 per cent year-to-date increase on EV sales. MORE: This is the hidden content, please Sign In or Sign Up MORE: This is the hidden content, please Sign In or Sign Up MORE: This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up #Production #halt #extended #quirky #Fiat This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/143879-production-halt-extended-on-quirky-fiat-ev/ Share on other sites More sharing options...
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