Canada Cuts Tariff-Free Quota for Stellantis, GM
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The Canadian government now believes that Stellantis and GM are no longer meeting the requirement of locally produced vehicles or investments, so Ottawa is lowering their remission rate quota until the companies live up to their promises, according to CBC.
The announcement, which will eliminate about 1,200 jobs, came less than a week after the carmaker Stellantis said it would move production of a new vehicle to Illinois from a Toronto suburb.
Stellantis decision to keep an Ontario factory shuttered underscores that Ottawa should rethink its floundering attempt to create a subsidized electric-vehicle industry
The Conservative Party of Canada is calling on the federal government to publicly release its contracts with Stellantis following the company’s announcement Tuesday that it will move production of its Jeep Compass model from Brampton,