The automotive supply chain loses 3 billion in turnover
The Italian automotive sector loses around 3 billion in turnover - to 53.5 billion - and 23% of employees (166,800), over the course of a year, at level...
Italy's automotive industry has lost around 3 billion euros in revenue and 166,800 jobs in a year, with the sector now worth 53.5 billion euros. The industry is in decline, with a 4.6% contraction in business volume and 3.5% decrease in employees in Piedmont, where 700 companies are based. According to the 2026 survey by the Turin Chamber of Commerce and Anfia, the sector is expected to continue declining, with a 3% drop in global production this year.
The crisis is affecting all areas of the industry, except for Motorsport, and is attributed to a lack of new contracts with Stellantis, which accounts for 21.7% of revenue.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
