Stellantis Sees No Future for Brampton Factory Amid Excess Production Capacity
Macro·1 article across 1 outlet
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Stellantis NV has informed workers at its Toronto-area factory that it sees 'no long-term business case' for vehicle production there. This decision has brought the plant's future into the political spotlight in Canada, emphasizing the carmaker's excess production capacity.
Stellantis
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“Jeep parent Stellantis NV told workers at a Toronto-area factory that it sees “no long-term business case” for making vehicles there, thrusting the plant’s future into the political spotlight once”
Bloomberg — Stellantis (STLA) Finds No Future for Its Brampton, Canada Factory