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BYD inquires about acquiring Stellantis' idle plant outside Toronto

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

This 3-line summary is compiled from the report below.

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