Stellantis shares fall 1.24% premarket after extending reduced hours scheme at Italian plant.

Stellantis N.V. fell 1.24% in premarket trading, with the company extending a reduced working hours scheme at its historic Mirafiori plant in Italy. This move, which allows the company to trim labor costs amid soft demand for cars, is expected to temporarily cut workers' salaries. The agreement covers the period from September 1 to January 31, 2026.