Fiat

Stellantis is a multinational automotive manufacturing corporation that owns several brands, including Fiat, Peugeot, Citroën, Opel, and others. The company is currently newsworthy due to a large-scale recall of approximately 700,000 hybrid vehicles globally, including over 200,000 in France and 77,500 in Spain, due to a potential fire risk caused by a fault in two components that, in humid conditions, could lead to an engine compartment fire. The recall affects models produced between 2023 and 2026 across multiple brands. Separately, Stellantis is reducing its workforce at the Opel development center in Rüsselsheim, Germany, with significant job cuts planned, raising concerns about the future of the location. This restructuring occurs amidst Stellantis's multi-energy strategy, which aims to offer a range of propulsion systems across its brands.