Stellantis Recalls 320,000 Jeep Models in US
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Canada begins dispute proceedings against Stellantis after the automaker announced moving Jeep Compass production to the U.S.
Stellantis delivers its best performance in the North American segment in years. But looming costs concern investors.
Canada is launching dispute settlement proceedings against auto manufacturer Stellantis over its decision to shift production from a Canadian plant to one in the United States, Industry Minister Melanie Joly said on Monday.
The automaker maintained its financial guidance, but warned about one-off costs related to political, economic and regulatory challenges this year.
Novonix struck a deal in 2024 to supply Stellantis with as much as 115,000 metric tons of synthetic graphite over six years from the start of 2026. It has also signed supply agreements with Panasonic and Volkswagen's PowerCo.
Australia's Novonix said on Tuesday that a unit of automaker Stellantis had terminated its offtake agreement with the battery materials supplier, citing an inability to agree on product specifications.
Stellantis has released a new timeline for the Belvidere Assembly Plant, which will begin production of the Jeep Compass in December 2026 and the Jeep Cherokee in November 2028, with the potential
Industry Minister Melanie Joly calls Stellantis’s plan to shift Jeep production from the Assembly Plant “completely unacceptable.”
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