Stellantis to get Canada default notice after moving jeep line to America


— Bloomberg

TORONTO: The Canadian government has told Stellantis NV it’s in default on its taxpayer-backed financial aid after it moved auto production to a US plant, Industry Minister Melanie Joly says.

Joly first threatened to take legal action in October, shortly after Stellantis announced it was cancelling plans to make the Jeep Compass sport utility vehicle in Brampton, Ontario, and moving that vehicle to Illinois.

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