💨 Abstract

Stellantis, Europe's second-largest carmaker, has extended the production halt of the Fiat 500, an iconic model, due to low demand for electric cars. The 500e, introduced as an electric alternative, has underperformed, with sales down by a quarter compared to last year. The company attributed the poor sales to broader difficulties in the European EV market.

Courtesy: www.thesun.co.uk

Summarized by Einstein Beta 🤖