Stellantis French Car Production to Fall 11% by 2028 Amid Overcapacity Concerns

Stellantis Production Forecast

• 📉 Stellantis anticipates an 11% drop in production at its French factories over the next three years, according to estimates cited by trade unions.
• 🏭 This reduction is part of the company's strategy to address overcapacity in its manufacturing operations.
• 🎯 Output at the five assembly plants in France is projected to decrease to 587,800 units by 2028.

Factors Influencing Production

• ⚠️ Production is expected to decline at three out of the five factories.
• 🇪🇺 The final forecast may be adjusted based on EU decisions expected on December 10th, which could offer more flexibility in meeting CO2 targets.
• 🚫 Stellantis has declined to comment on these production estimates.

European Market Context

• 📉 Earlier in the year, Stellantis temporarily halted production at two plants due to weak demand in Europe.
• 📊 Vehicle registrations for Stellantis in France fell by 12% in November, resulting in a slight decrease in market share compared to the previous year.