Sadly, Stellantis and Volkswagen’s corporate welfare is nothing new
Not surprisingly, after seeing Volkswagen’s good fortune,has been demanding more taxpayer money for its EV battery factory in Ontario. On Wednesday, Stellantis said it has reached a deal with provincial and federal governments.
For instance, if a private firm misallocates capital or offers an unwanted good or service, it pays the price through poor sales; employees may be laid off and the firm may even go out of business. So there’s a clear incentive for businesses to deliver goods and services that are in demand, and in the most efficient way possible.
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