GM to close plants in Canada, Ohio, Maryland and MI

27 November, 2018, 00:29 | Author: Gregory Stephens
  • General Motors in Oshawa Ontario on Wednesday

Further measures to achieve this goal include a reduction of salaried workforce and the reorganization of the company's global product development staffs. GM will reduce salaried and salaried contract staff by 15 percent and executive ranks by 25 percent.

"GM workers have been part of the heart and soul of Oshawa for generations - and we'll do everything we can to help the families affected by this news get back on their feet", Trudeau said on Twitter. The US$6 billion in savings includes cost reductions of US$4.5 billion and lower capital expenditure annually of nearly US$1.5 billion.

John Henry, the mayor of Oshawa, said early on Monday on Twitter that he hadn't talked to GM yet, and that a meeting was scheduled to begin at 09:30 a.m. Ontario time between the management and workers.

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

GM says assembly plants in Detroit, Warren, Ohio and Oshawa, Ontario, Canada will be shuttered in 2019, along with propulsion plants near Baltimore, Maryland and Warren, Michigan. It will also close two factories outside North America, but did not identify them.

"I'm hopeful that another automotive manufacturing company will come in and take over the Lordstown facility, and take advantage of our exceptionally hard working and well-trained workforce here in the Mahoning Valley", Congressman Johnson said.

GM has numerous facilities throughout IN, including IN Fort Wayne, Kokomo, Marion, and Bedford. Sales of the compact vehicle were down 27 percent through September, GM said. "And we're not going to be pushed around. we deserve respect", he said.

Trudeau says he spoke on Sunday to GM CEO Mary Barra to express his unhappiness about the decision, which is one of several closures of GM facilities in Canada, the United States and overseas.

TV report: General Motors plans to close Canadian assembly plant

General Motors rallied as much as 8% Monday after announcing plans to stop producing vehicles at three factories in North America and to cut its salaried employees by 15% next year. Two of the plants made engines and parts for those cars.

Among the facilities on the chopping block are the Detroit/Hamtramck assembly plant, which makes the Buick LaCrosse, the Chevrolet Impala and Volt, and the Cadillac CT6, all slow-selling cars. GM has informed the Canadian government of the plan.

"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".

Currently, the Oshawa plant builds the Cadillac XTS and Chevy Impala sedans. After we are sworn in, Jon Husted and I will be visiting the Detroit Auto Show in January to make our case in-person to GM about the future of the plant.

The closures and layoffs follow similar moves by other big US automakers as the industry adjusts to lower consumer demand for passenger cars.

GM needs to reshape the company as it shifts its focus to lower-emitting hybrid vehicles, technology that is not at the forefront at the Canadian plant.

Sales of Cruze, built at Lordstown, fell 27 percent through September 2018.

The union representing the Oshawa auto workers says it will put up what it calls "the fight of our lives" to keep the plant open and save thousands of jobs.



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