Stellantis CEO Antonio Filosa has warned that the company and its suppliers will face significantly higher costs in 2027. Speaking at a public meeting in Milan, he highlighted rising prices for microchips, raw materials, and energy as key challenges for the automotive giant in the near future.
Microchip and Raw Material Prices to Drive Cost Increases
Filosa pointed out that the prices of essential electronic components like memory chips and printed circuit boards are expected to surge next year. These increases will add billions of euros to Stellantis’s cost base, a pressure expected to continue into 2028. While exact figures for the 2027 cost rise have not been released, the impact is clear across Stellantis and its supply chain.
Earlier this month, the company faced production delays when a shortage of a single microchip for the “N3 GSE” engine control unit caused slowdowns at several Fiat plants in Italy. This incident illustrates how crucial small components are to keeping assembly lines running smoothly.
High Energy Costs Compound Financial Pressures
Besides microchips and materials, Filosa also emphasized energy expenses as a major problem. He noted that in 2026, Stellantis paid roughly four times more for electricity per megawatt-hour in Italy compared to Spain. This energy cost difference adds immediate financial strain on the company’s manufacturing operations.
Calls for Government Support and Clearer CO2 Rules
To navigate these challenges, Stellantis is asking European governments for help in reducing input costs. Filosa also urged the European Union to provide clearer CO2 emissions regulations before the end of the year. Having concrete environmental rules would allow automakers and suppliers to better plan investments for 2027 without uncertainty.
With rising costs on several fronts, Stellantis’s outlook for next year’s expenses underlines ongoing difficulties in the global auto industry, especially in securing key parts and managing energy spending.
Source: clubalfa.it
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