Tradelines News

Get the latest news and updates on cross-border customs and international trade.

GM’s Oshawa Plant to Lose 1,000 Jobs; Company to Invest $5.4-billion in U.S.

Posted May 01, 2015

Under Economic Issues, International Trade Issues

(Greg Keenan – Globe & Mail)

Employment at the General Motors of Canada Ltd. assembly plants in Oshawa, Ont., will drop by 1,000 people to 2,600 in November when production of the Chevrolet Camaro shifts to Michigan.

More than two years after announcing that Camaro production would move from Oshawa to Michigan, GM Canada said the last Canadian-built version of the car will roll off the assembly line on Nov. 20.

The announcement about job cuts in Oshawa came hours after parent company General Motors Co. said it will invest $5.4-billion (U.S.) during the next three years in its U.S. plants. Click here to read more.