Feds say Stellantis owes 'hundreds of millions' in subsidies, company offers $24M
Industry Minister Mélanie Joly says the automaker is in default of a 2022 funding deal and could face repayment demands far above $24 million.
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eldiariodechihuahua.mxOttawa gave the car 30 days to correct breaches or face legal action and recover hundreds of millions in subsidies.
Feds say Stellantis owes 'hundreds of millions' in subsidies, company offers $24M
Automaker Stellantis says it will pay back $24 million in federal subsidies after it announced plans to sell its Brampton, Ont. assembly plant — but Industry Minister Mélanie Joly says the company owes far more than what it is offering.
Industry Minister Melanie Joly threatens StellantisA Stellantis factory and Canada's Minister of Industry has notified Stellantis of an alleged non-compliance related to the Brampton factory in Ontario.The group has 30 days to respond; later, the government could claim public aid and go to court.The future of the Brampton factory has once again confronted Stellantis with the Canadian government.Ottawa argues that the group abandoned the plan to …
Stellantis proposes to return C$24 million for its plant in Brampton. Ottawa invokes an agreement that also funded the Windsor site and gives the builder thirty days to explain how it will correct the deficiencies alleged.
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