ACC Ends Germany, Italy Factories as Stellantis Retreats on EVs

Stellantis announced it will end ACC factory operations in Germany and Italy and said affected workers will be offered roles within the company; the automaker also reported €22.2 billion in writedowns largely linked to unprofitable electric-vehicle projects.

Stellantis has announced the end of ACC factory operations in Germany and Italy. The company described the move as part of adjustments in a challenging European automotive market. It reported large writedowns tied mainly to EV projects and noted market losses. Stellantis said it will offer current ACC employees roles within the company and pointed to planned production work in Italy. Key points: - Stellantis announced ACC operations in Germany and Italy will end, as reported in the article. - The article reports Stellantis recorded €22.2 billion in writedowns largely linked to unprofitable electric-vehicle projects and said it may post a second-half deficit of up to €1.5 billion. - The article reports affected ACC employees will be offered employment within Stellantis. - The company plans an e-DCT gearbox production line at Termoli, Italy, by the end of 2026 and cited investments in Euro 7-compliant GSE engines for use beyond 2030. Summary: The decision reflects a pullback from earlier EV investment plans and has resulted in significant financial charges and market declines, the article reports. Stellantis says it will offer roles to current ACC employees and is targeting a Termoli e-DCT gearbox line by the end of 2026. Undetermined at this time.