Oshawa GM plant to close, sources say

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He said he and neighbouring Oshawa MP Colin Carrie were "reaching out for information".

Reports confirmed by the Sun say US auto giant General Motors will shutter the company's Oshawa, Ont. vehicle assembly plant, putting thousands of employees out of work.

Ford added: "To say we're disappointed is an understatement".

"We have some of our most competitive parts plants in the world in Ontario.we have a very good workforce, we have very good equipment, and the latest in manufacturing".

Two transmission plants, in Warren, Mich., and in Baltimore, also will close.

GM opened its factory in Oshawa, near Toronto, in 1953.

Production reached its peak in the 1980s after a almost $8-billion investment GM's Canadian manufacturing facilities, making Oshawa "Autoplex" one of the biggest assembly plants in the world, boasting a workforce of over 40,000.

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"We're not buying the argument that nothing can be done", said Unifor president Jerry Dias following the meeting.

Canadian Prime Minister Justin Trudeau expressed "deep disappointment" over the closure of its Oshawa plant, catching governments and GM employees by surprise.

"Cause you see we're sick and exhausted of General motors shipping all of our jobs to Mexico".

The plant employs about 2,800 people in Oshawa, Ontario now.

The auto giant announced Monday that after decades of profit and the production of tens of thousands of vehicles, it will be closing shop in Canada's Motor City at the end of 2019.

Thousands of other jobs will also be eliminated at four other plants in the US that are slated for closure.

Premier Doug Ford, however, has suggested that it will likely be impossible to convince GM to change its plans at this time. GM said it is investigating the possibility of retooling the assembly plants to make other vehicles. The raft of changes announced on Monday will not impact GM's new fullsize trucks and SUVs, which are "doing very well in the marketplace", Barra told reporters.

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"We did not bail General Motors out so we could watch them hoard profits, shut down plants and devastate communities and take advantage of low wage workers in Mexico or wherever they see", said GM-UAW Vice President Terry Dittes in a video statement to members.

The announcement was part of a wide-reaching carpet bombing by GM on plants that weren't part of the company's hybrid future. "We recognize the need to stay in front of changing market conditions and customer preferences to position our company for long-term success".

UNIFOR, who represent thousands of GM workers, has promised to fight the closure.

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, GM said.

GM's shares in NY jumped as high as 7.8 per cent to US$38.75.

"Based on commitments made during 2016 contract negotiations, Unifor does not accept this announcement and is immediately calling on GM to live up to the spirit of that agreement", the union said in a statement on its website.

One potential partner could be Honda Motor Co., which already has r&d relationships with GM for fuel cell and autonomous vehicles. "We supported GM years ago when they were in trouble".

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Some 3,600 production jobs will go in the U.S. and 3,000 in Canada, as well as 8,100 white-collar roles. GM offered buyouts to about 18,000 white-collar workers in the USA and Canada October 2018.

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.

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