OTTAWA — Stellantis and GM will pay an immediate price at the border for bailing on their production promises to Canada, the federal government advised the U.S. automakers Thursday.
According to a source with knowledge of a letter sent Thursday to Stellantis and GM, the federal finance and industry departments notified the companies they are no longer considered eligible to get the full break on Canadian counter-tariff duties on autos and auto parts they import to Canada because the carmakers fail to meet the requirement to maintain Canadian-based production.
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