GM to close plant in Ontario, eliminating 2,500 jobs

TV report: General Motors plans to close Canadian assembly plant

He says instead, the province will immediately bolster unemployment insurance and retraining measures to help the almost 3,000 workers who will lose their jobs.

General Motors is to lay off 14,000 workers in North America and put five factories up for potential closure as it stops making some of its unpopular cars.

"If GM Canada is indeed turning its back on 100 years of industry and community - abandoning workers and families in Oshawa - then this is a callous decision that must be fought", she said in a statement.

Both U.S. vehicle assembly plants scheduled to stop production next year now build slow-selling passenger cars.

In the 1980s, the facility employed as many as 40,000 people assembling and engineering cars for the United States and Canada.

"Oshawa has been in this situation before with no product on the horizon and we were able to successfully make the case for continued operations", Unifor president Jerry Dias said in a statement. The Impala is built at the GM plant in Oshawa.

"I have seen the same reports as many in my riding, which claim GM may be closing their operations in Oshawa, and I find these reports gravely concerning", said French.

Trudeau said he spoke the CEO of GM, Mary Barra, to express his "deep disappointment" with the closure.

Reports began to surface on the plant's impending closure on Sunday evening, leaving Oshawa mayor John Henry shocked and hoping they were "just a rumour". "I once again urged GM to make a commitment to bring a new product to the plant, especially since GM is proposing to build a number of new electric vehicles", Senator Portman said.

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Brown also said it is clear that GM doesn't respect the workers at Lordstown and is demanding answers from the company.

Barra did not link Monday's cuts to tariff pressures, but said trade costs are among the "headwinds" GM has to face as it deals with broader technology change and market shifts.

Smith also noted Ontario PCs have "taken aim at the federal carbon tax", while outlining what the government has done to create an environment for businesses to stay in the province. "We think it's appropriate to do it while company is strong and the economy is strong". "They're all coming back".

"Today is a hard day for the workers at the General Motors Oshawa Assembly Plant".

In 2009, as part of an effort to bailout the auto sector, GM received several billion dollars in loans and support from the Canadian and Ontario governments as it went through bankruptcy protection. GM says the Detroit-Hamtramck Assembly, Lordstown Assembly, Baltimore Operations, and Warren Transmission Operations "will be unallocated in 2019".

Two other plants outside North America - as yet unnamed - are also due to close, in addition to the pre-announced shuttering of the firm's plant in the South Korean city of Gunsan.

But moving that vehicle, the Chevrolet Cruze, south of the border brings the risk of provoking a backlash from President Donald Trump.

The moves will result in cash savings of about $6 billion, cost reductions of $4.5 billion and a lower capital expenditure annual run rate of nearly $1.5 billion, according to a company statement. Vehicles have become more "software-oriented" and GM will be looking to hire more employees with the "right skill set" going forward, she said.

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