Media reports say that automaker Stellantis (STLA) is planning to close and sell its idle vehicle manufacturing plant located in Brampton, Ontario outside of Toronto. <\/p>\n
The reports are based on comments from Unifor, the union that represents autoworkers at the now defunct Ontario plant. <\/p>\n
Unifor says Stellantis is considering permanently closing and selling the Brampton assembly plant, which has not been active since 2023.<\/p>\n
The union says it received notice from the automaker on Aug. 13 that it is evaluating the sale and permanent closure of the manufacturing facility.<\/p>\n
Stellantis had been talking about retooling the plant for Jeep production. However, those plans were reportedly paused in 2025 due to U.S. tariffs. <\/p>\n
Late last year, Stellantis announced that it was moving production of the Jeep Compass slated for Brampton to America, leaving the fate of the Brampton plant in limbo.<\/p>\n
Unifor says its collective agreement with Stellantis requires the automaker to provide no less than one year\u2019s notice in the event of a closure or sale.<\/p>\n
In a statement, Stellantis said it\u2019s committed to finding a solution for the plant.<\/p>\n
Unifor local 1285 represents 2,200 Unifor members who previously worked at the Brampton, Ontario plant.<\/p>\n
Stellantis, which makes Chrysler, Jeep and Dodge vehicles, has seen its stock decline 53% this year to trade at $5.36 U.S. per share.<\/p>\n","protected":false},"excerpt":{"rendered":"Media reports say that automaker Stellantis (STLA) is planning to close and sell its idle vehicle manufacturing plant…\n","protected":false},"author":2,"featured_media":171174,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[90,1630,2272,2271,2274,2273,2275,54657,54658,1741],"class_list":["post-171173","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brampton","tag-brampton","tag-futures","tag-index-market-quote","tag-index-market-quotes","tag-index-market-symbol","tag-index-market-symbols","tag-indices","tag-stellantis-n-v","tag-stla","tag-the-globe-and-mail"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/171173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=171173"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/171173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/171174"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=171173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=171173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=171173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}