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 […]
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US may revoke $1.1 billion in auto plant funding for Stellantis, GM
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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)