Canada Pursues Debt from U.S. Automakers: General Motors and Stellantis Owe the Government Hundreds of Millions of Dollars
According to a report by The Wall Street Journal, on February 3 local time, Canada's Minister of Industry, Melanie Joly, stated that due to the reduction in production at the factories of General Motors and Stellantis Group in Canada, Canada is requesting to recover up to hundreds of millions of dollars in investments made to these companies.
"Government support for businesses is tied to production: no production, no funding," Joly said. She mentioned that the Ministry of Industry will provide more details in the coming days. Previously, she had also threatened to sue Stellantis to recover taxpayers' money.
Regarding this news, a spokesperson for Stellantis stated that the company is focusing on negotiations with Canadian officials to ensure the future of car production in Canada. Previously, Stellantis had stated that nearly 240 employees from the Brampton plant in Ontario have accepted transfers to work at the factory in Windsor, Ontario. General Motors has not commented.
Currently, U.S. automakers are facing tariff pressures from U.S. President Trump, who has demanded that automakers move production from abroad to the United States. Trump has repeatedly stated that the U.S. does not need to import cars from Canada.
Original article: toutiao.com/article/1856164919408712/
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