Chrysler Drops Request for Canadian Subsidies

Written By The USA Links on Tuesday, 4 March 2014 | 17:00


WSJ.com: US Business

Chrysler Drops Request for Canadian Subsidies

Updated March 4, 2014 7:04 p.m. ET


Fiat Chrysler Automobiles NV said it would drop a controversial request that Canada's government subsidize retooling of a minivan factory in Windsor, Ont., and upgrades for another Canadian plant, and instead will finance the projects on its own.


The issue had become a "political football," the company said Tuesday. The escalating controversy over its request, "apart from being unnecessary and ill-advised, will...





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