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-0.000412371134020537 0 0 -0.00042061855670093 -0.000412371134020537 0.000824742268041219 0.000824742268041219 0.00288659793814434
Stock impact report

Stellantis in default of Canadian aid package for moving Jeep line to US [Seeking Alpha]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Seeking Alpha
to its CAD500M ($358M) aid package as a result of the carmaker's decision to move production of the Jeep Compass SUV to the U.S. from the Brampton, Ontario plant. Quick Insights Canada will issue a default notice to Stellantis, threatening the CAD500M aid due to relocation breaching their agreement. Stellantis aims to offset $1.74B in U.S. tariffs by investing $13B in U.S. facilities, including reopening an Illinois plant. Despite the Canada dispute, Stellantis shares have risen for four consecutive days, up 15% cumulatively. Recommended For You More Trending News Show less Read more
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