GM Plant In Oshawa Closing With Thousands Of Jobs On The Line

GM Reportedly Plans to Close Its Factory in Oshawa, Canada, Leaving 2500 Jobless

Federal and provincial politicians expressed concern for the thousands of high-paying jobs at the Oshawa plant - as well as the potential trickle-down effect a closure could have. "We're growing faster than anybody in the industry in new technology, at the same time as we're unfortunately going through, next year, this really hard change with regard to our manufacturing base in Canada". The company said its moves will save $6 billion by 2020.

GM names the Lordstown, Ohio, factory that makes the Chevrolet Cruze compact and the Detroit-Hamtramck plant, where the Chevrolet Volt, Buick LaCrosse and Cadillac CT6 are produced.

Production at the plant in Oshawa, Ontario fell to about 148,000 vehicles a year ago from a peak of 940,000 in 2003, a drop of about 85 per cent, according to Dennis DesRosiers of DesRosiers Automotive Consultants Inc.

He adds that about half of the affected employees in Oshawa are eligible for an early retirement and says the facility near Highway 401 will remain as the company's Canadian headquarters.

GM Chairman and CEO Mary Barra said the company is aiming to cut executive positions by 25 percent, as part of its overall push to cut it workforce.

Ontario Premier Doug Ford said it was a "difficult day" for the Oshawa plant workers, Ontario auto part suppliers and their families.

"What we're going to implement is that they can work the 20 hours and then they will be allowed to collect EI".

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News that General Motors plans to close its operations in Oshawa, drawing shocked reactions from across the political spectrum.

In 2016, the Oshawa plant was spared closure after GM said it would invest $400-million to upgrade an assembly line.

"Every time we have a problem with a point, I just put up a picture of a Chevrolet Impala, " the USA president was reported to have said.

"I just want to reassure the GM workers, the supply chain suppliers, that we're doing everything we can and will do everything possible to make sure that we support them, we stand by them".

"It is disappointing that GM failed to see and build upon this competitive advantage", said Ford in a statement on Monday. "They are showing that we can do this better than anybody in the world and we will perform here and show people that we can do this well".

GM began making automobiles in Oshawa in 1908. Component and propulsion plants to close in 2019 include the Baltimore Operations in White Marsh, Maryland and the Warren Transmission Operations in Warren, Michigan. It also plans to cut production at two plants in the US that make transmissions.

Barra explained that GM is restructuring now, "while the company and the economy are strong, to stay in front of a fast-changing market".

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