Workers at GM’s Oshawa plant have voted in favour of job cuts as a means of securing new investment in the facility, including a contract to build the new Chevrolet Camaro, according to Reuters.
Go deeper with GlobalData
GM’s three Canadian assembly plants will accept up to 2,500 job losses in return for GM not shutting down two of the plants. Instead they will be given the chance to win new contracts and investment.
Unions hope that the two car assembly plants can be turned into one flexible plant. No. 2 plant was due to close in 2008 when Buick LaCrosse and Pontiac Grand Prix assembly ends. No. 1 plant is due to lose the Chevrolet Monte Carlo and Impala models in 2009.
There is also a separate truck plant in Oshawa that produces the Chevrolet Silverado and GMC Sierra.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
