Fiat parent company Stellantis has reassured Italian authorities that the country remains central to its strategy, pledging €8 billion ($8.4 billion) in investments, Kallanish reports.

In a meeting hosted by Adolfo Urso, business and Made in Italy minister, the carmaker presented its new industrial plan for Italy, which safeguards factories and employment levels. Stellantis will increase hybrid and electric model production in Italy, earmarking €2 billion for plants and €6 billion for purchases from suppliers operating in the country for 2025.

Under the plan, it will launch seven new models at the Melfi plant, including all-electric and hybrid models for its brands DS, Jeep and Lancia from next year. The models, to be produced on the STLA-Medium platform, will triple the plant’s production volumes.

At the Cassino plant, three new models will be produced for Alfa Romeo, while the potential addition of hybrid versions is currently under consideration.

Mirafiori, which has been battling overcapacity and temporary shutdowns, will be the base for production of the hybrid Fiat 500 and the new generation of the electric 500 BeV. The plant will also continue to produce electrified dual-clutch transmissions (eDCTs).

According to the plan released by the ministry, Stellantis is doubling down on its commitment to Turin, making it its headquarters for the Stellantis Europe Region and for the group’s Commercial Vehicles division.

In Pomigliano, two new compact models are planned from 2028 under the STLA-Small platform. The plan will also see the expansion of the Panda production at the Campania plant until 2030, followed by the introduction of its new generation.  

In Atessa, production lines are set to start producing EVs by year-end. From 2027, a new version of the Large Van will begin, targeting the export market.

Strengthening ties with the government and the wider automotive industry, Stellantis vows to enhance the domestic production ecosystem, building a closer link to the local supply chain. According to the ministry, the carmaker has also reiterated its commitment to financially support the ACC battery joint venture, which had a gigafactory plan in Termoli.

The JV has paused all projects to evaluate its technologies amid increased competition from Chinese suppliers. A market update is expected in 2025.

Last week, Stellantis re-joined the European Automobile Manufacturers’ Association (ACEA) to contribute to the creation of an automotive plan on a “continental scale.” The move follows the departure of former chief executive Carlos Tavares on 1 December.