Stellantis NV has signed a memorandum of understanding with Canadian armored vehicle manufacturer Roshael Inc., outlining the steps involved in selling an idle car factory near Toronto. Roselle is seeking a contract from the Canadian military to build a light utility vehicle, and has indicated to the government that if the contract is obtained, the facility can be quickly restarted. The memorandum was described as the first step in a “very complicated” process, and Roschel's CEO said the company had a clear plan, and the document outlined the entire process.

Zhitongcaijing · 1d ago
Stellantis NV has signed a memorandum of understanding with Canadian armored vehicle manufacturer Roshael Inc., outlining the steps involved in selling an idle car factory near Toronto. Roselle is seeking a contract from the Canadian military to build a light utility vehicle, and has indicated to the government that if the contract is obtained, the facility can be quickly restarted. The memorandum was described as the first step in a “very complicated” process, and Roschel's CEO said the company had a clear plan, and the document outlined the entire process.