US Government Considers Revoking $1.1 Billion Auto Funding for Stellantis and GM
Potential Cancellation of Auto Plant Funding
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.
Overview of the Funding Situation
The projects are among a list of $12 billion in awards that could be canceled as the partial government shutdown persists.
Impact of Government Shutdown
(Reporting by David Shepardson; Editing by Chris Reese)
