BYD inquires about acquiring Stellantis' idle plant outside Toronto
STLA Stellantis N.V
$4.33 +0.93%
View chart & analysis → - 1Chinese automaker BYD has inquired about acquiring Stellantis' (STLA) idle plant outside Toronto.
- 2Brampton's mayor said BYD reached out about six months ago to discuss bus production at the facility.
- 3U.S. tariffs and a lack of new products have clouded the plant's future, and the union said Stellantis is considering a sale.
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