Stellantis is set to sell its Canadian factory in Brampton, Ontario, to a defense firm, marking the end of automotive manufacturing at the facility. The transaction is anticipated to close by the end of the year. The plant has become a focal point in U.S.-Canada trade tensions.
The sale represents a significant shift for Stellantis' Canadian operations and the local workforce.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing