WASHINGTON/ OTTAWA, Oct 23 (Reuters) - The Canadian

government announced reductions to import quotas of General

Motors ( GM ) and Stellantis ( STLA ) on Thursday, citing what

it called the automakers' unacceptable decisions to scale back

their manufacturing presence in Canada.

The government said it is reducing General Motors' ( GM ) annual

remission quota by 24.2%, and Stellantis' ( STLA ) annual remission quota

by 50%. The step means that the automakers will no longer be

exempt from paying Canada's retaliatory tariffs on as many

U.S.-assembled vehicles as before.