Home > Business > US may revoke $1.1 billion in auto plant funding for Stellantis, GM

US may revoke $1.1 billion in auto plant funding for Stellantis, GM

Last Updated: October 8, 2025 00:29:04 IST

WASHINGTON (Reuters) -The U.S. Energy Department is considering revoking nearly $1.1 billion awarded in retooling grants to Chrysler-parent Stellantis and General Motors last year by the administration of President Joe Biden, according to a document seen by Reuters. The projects are among a list of $12 billion in awards that could be canceled as the partial government shutdown persists. (Reporting by David Shepardson; Editing by Chris Reese)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Most Popular

The Sunday Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

The Sunday Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?