Stellantis and GM to Pay Duty on U.S. Vehicles
The Canadian government has announced that Stellantis and GM will have to pay duty on U.S. vehicles due to their failure to meet production promises in Canada.
Industry Minister Melanie Joly met with GM executives and summoned Stellantis' Canadian head Jeff Hines to discuss the issue.
- Stellantis and GM announced cuts in Brampton and Ingersoll, Canada.
- The companies will no longer be eligible for full break on Canadian counter-tariff duties on autos imported to Canada.
The federal government advised the U.S. that the companies will pay an immediate price at the border for bailing on their production promises.
The federal Liberal government had repealed retaliatory tariffs against the U.S., but the companies' failure to meet requirements has led to this decision.
Author's summary: Stellantis and GM face duty on U.S. vehicles.
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