GM, Stellantis to Lose Part of Canada Tariff Break
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The federal government is firing back at Stellantis and General Motors by limiting the number of tariff-free vehicles the automakers can import from the U.S. to sell in Canada. The two multinational manufacturers will no longer be exempt from paying Canada’s retaliatory tariffs on as many U.
Group representing the Detroit Three in Canada says Ottawa’s shift is ‘an unforced error at the worst possible time’
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Ford, GM, Stellantis and other companies begin to eliminate EV vehicles that would be released from 2026
GM, Ford, and Stellantis scrap future EV plans after Trump eliminates the $7.5K tax credit and regulatory support, leading to $1.6B in losses.
President Donald Trump could soon move to cancel more than $1 billion in federal grants for General Motors Co. and Stellantis NV and $800 million total in Michigan.