Production of the Fiat 500 Hybrid is expected to fall short of initial targets, potentially reaching around 85,000 units in 2026, according to sources quoted by Milano Finanza. This represents a significant reduction from Stellantis’s publicly stated goal of 120,000 annual units for combined hybrid and electric 500 production at the Mirafiori plant in Turin.
The revised projection comes despite a recent industrial revival at the Mirafiori facility, marked by the end of short-time working and the addition of over 400 fresh employees. Production of the hybrid model commenced in mid-November 2025, with an initial aim of exceeding 5,000 vehicles by the end of the year. Current output is approximately 220 to 240 hybrid units, plus 20 to 40 electric versions, per day.
Stellantis had initially planned for 100,000 hybrid and 20,000 electric 500s to be produced annually at Mirafiori. The slowdown is attributed to the time required to fully integrate new staff and restore industrial automation capabilities following a period of reduced activity. Reaching a production rate of over 400 units daily is expected to grab several weeks.
A key factor influencing the lowered production target is the need to comply with European CO₂ emission regulations. The Fiat 500 Hybrid emits around 117 g/km, while Fiat must meet an average target of 99.1 g/km across its European sales for the period 2025-2027. Exceeding this target incurs a penalty of 95 euros per excess gram and per vehicle sold.
The new Fiat 500 Hybrid is offered in Hatchback, 3+1, and Cabrio body styles, with three trim levels – POP, ICON, and LA PRIMA – as well as a special TORINO launch series. Priced at approximately £15,000 (or €17,000), the model is powered by a 1.0-litre three-cylinder Firefly petrol engine with a mild-hybrid system and a 6-speed manual transmission. Stellantis hopes the hybrid version will boost struggling Italian vehicle production and offer a more affordable, eco-friendly option to European buyers.
To accommodate the hybrid production, Stellantis shifted production of the Maserati GranTurismo and GranCabrio to its Modena plant. The Mirafiori plant is expected to increase its annual output by around 100,000 vehicles at full capacity.