03
May
15:46
Stellantis to spend CAD 3.6 billion to retool 2 Ontario auto plants
Auto giant Stellantis says it will spend CAD 3.6 billion ($2.8 billion) to retool two Ontario auto plants to increase production of electric and hybrid vehicles, Kallanish reports.
The retooled plants, in Windsor and Brampton, are to be operational by 2025. The work will allow the company to build vehicles on new platforms to develop fully electric models. Work on the Windsor plant will begin in 2023 and at Brampton in 2024. Both plants are expected to add a third…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous