The largest automotive manufacturers in Italy, led by Stellantis, have reached an agreement with the metalworkers’ unions for a general wage increase of 6.6% for the period of 2025-2026, further helping them to cover the peak inflation of recent years.
According to the “Reuters,” a first increase of 3.7% will take effect starting this month, while wages will see an additional rise of 2% from January 2026 and 0.8% from November 2026, the companies involved and the metalworkers’ unions stated in separate remarks on June 6.
The agreement also includes that workers will receive two one-time additional payments of €240, the first at the end of this month and the second in April of next year, to cope with rising inflation.
The agreement covers more than 60,000 workers in the Italian automotive industry in Italy, who work for Stellantis, Ferrari, Iveco, and CNH, all rooted in the former Fiat group.
“This agreement ensures the full recovery of purchasing power (lost) in a very difficult context of high inflation and crisis for the automotive industry,” said Gianluca Ficco from the Italian metalworkers’ union (UILM). “We believe this agreement can become an example of positive labor relations for the entire metalworking sector.”