• 4 minutes Will We Ever See 100$+ OIL?
  • 8 minutes Iran downs US drone. No military response . . Just Destroy their economy. Can Senator Kerry be tried for aiding enemy ?
  • 11 minutes Energy Outlook for Renewables. Pie in the sky or real?
  • 11 hours Shale Oil will it self destruct?
  • 6 hours Berkeley becomes first U.S. city to ban natural gas in new homes
  • 1 hour Iran Captures British Tanker sailing through Straits of Hormuz
  • 56 mins Iran Loses $130,000,000 Oil Revenue Every Day They Continue Their Childish Games . . . .Opportunity Lost . . . Will Never Get It Back. . . . . LOL .
  • 10 hours Oil Rises After Iran Says It Seized Foreign Tanker In Gulf
  • 15 hours Drone For Drone = War: What is next in the U.S. - Iran the Gulf Episode
  • 2 hours Renewables provided only about 4% of total global energy needs in 2018
  • 19 hours Today in Energy
  • 2 days Populist, But Good: Elizabeth Warren Takes Aim at Private-Equity Funds
  • 2 days Mnuchin Says No Change To U.S. Dollar Policy ‘As of Now’
  • 1 day Why Natural Gas is Natural
  • 1 day LA Solar Power/Storage Contract
  • 6 hours U.S. Administration Moves To End Asylum Protections For Central Americans

GM To Shutter Ontario Car Plant To Focus On Hybrids/EVs

GM Factory

GM plans to shut down its auto assembly plant in Oshawa, Ontario, in order to focus on hybrids and zero emissions vehicles, resulting in around 2,500 job cuts, according to reports that began circulating on Sunday.

GM is expected to make an announcement on Monday morning Ontario time, while an official familiar with the decision confirmed to the Associated Press on late on Sunday that the announcement would be about a plant closure.

The General Motors Oshawa Assembly Plant has been building vehicles in Oshawa since 1953, GM says on its website. Before 1953, the facility produced McLaughlin Buicks and was one of six locations building Chevrolet before it merged with GM in 1918.

Canada’s largest private sector union, Unifor, said in a statement on Sunday that it had received notification from General Motors that the company would make a major announcement on Monday that would impact its global operations.

“While the union does not have complete details of the overall announcement we have been informed that, as of now, there is no product allocated to the Oshawa Assembly Plant past December 2019,” the union said.

“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, noting that it would be holding a discussion with GM on Monday. 

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.

Related: A Gamechanger In European Gas Markets

“We still do not know if ‘no product after Dec 2019’ equals ‘closure’, Henry wrote in his tweet.  

On Sunday, the mayor told The Canadian Press that he hopes reports of the closure are “just a rumor.”

Dr. Colin Carrie, Member of Parliament for Oshawa, said in a statement on Sunday that he was gravely concerned for the potential effect of the closure on Oshawa and on Ontario.

“The closure of this plant will have a ripple effect like we have never seen before. There are tens of thousands of feeder jobs that originate from this plant alone,” Carrie said.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • Herry on November 28 2018 said:
    So, stop buying product from these greedy shxtbags. But, you know, there will be useless idiots that will because they are, well, useless idiots.
  • Uncle Sam on November 26 2018 said:
    Trudeau should have been more polite. President Trump always wins. Canadians have yet to eliminate their the lumber and milk tariffs. Do they have another car plant???

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play