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Stellantis Offloads Assembly Plant in Canada to Roshel

MT Newswires·11/10/2026 05:04:28
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05:04 AM EST, 11/10/2026 (MT Newswires) -- Stellantis (STLAM.MI, STLAP.PA) agreed to sell its idled Brampton assembly plant in Ontario, Canada, and associated equipment to Canadian armored vehicle manufacturer Roshel for an undisclosed sum. The transaction, part of the European carmaker's 2030 strategy to boost its competitiveness, is expected to close by the end of 2026, subject to regulatory approvals, according to a Tuesday release. The companies also agreed to explore global collaboration opportunities for vehicle technologies and related services in the defense industry.