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Stellantis president grilled at House committee over decision move production to U.S.
Stellantis plans to boost U.S. production by 50% by 2029, causing layoffs of 3,000 workers and sparking criticism over use of $1 billion in Canadian subsidies.
- Stellantis announced earlier this month it will move planned Jeep Compass production from Brampton, Ont., to Illinois, and Jeff Hines was called before Parliament to explain the shift after the Brampton plant closed with about 3,000 layoffs.
- U.S. tariffs have upended Stellantis's strategy as it aims to boost U.S. production by 50 per cent by 2029 amid broken trade talks and Canada-U.S.-Mexico Agreement review next year.
- Funding disclosures indicate Stellantis received $105-million from the strategic innovation fund and over $100-million actually flowed, MPs noted no job guarantees in confidentiality agreements.
- The federal government has threatened to sue Stellantis for violating funding agreements and cut its tariff-free import quota by 50 per cent last week.
- Prime Minister Mark Carney said Stellantis global CEO Antonio Filosa assured the company is considering two vehicle options for Brampton but will wait for next year's trade review; the plant supports 10,000 nearby parts-maker jobs.
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The President of Stellantis states that the decision to relocate production of the Jeep Compass from Brampton, Ontario, to Illinois, United States, "was not taken lightly."
·Montreal, Canada
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Coverage Details
Total News Sources9
Leaning Left5Leaning Right0Center3Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 37%
Factuality
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