Instant Search Results

  • Home
  • News
  • GM to keep Oshawa plant alive, preserving 300 jobs — and hope of more to come

GM to keep Oshawa plant alive, preserving 300 jobs — and hope of more to come

Naomi Powell, Financial Post
May 8, 2019
General Motors of Canada will keep its Oshawa operations partially alive, investing $170 million and preserving 300 jobs as it transforms the plant into a supplier of aftermarket parts for existing models.
The automaker will also use 55 acres of the Oshawa property to create a test track for autonomous and advanced technology vehicles.
But the move keeps Oshawa within GM’s portfolio of operations, and leaves open the possibility that it could be used for other manufacturing down the road, said Flavio Volpe, president of the Automotive Parts Manufacturers Association (APMA).
“The good news for us is this will remain a GM operation,” Volpe said. “When you see a plant close, you usually see the company mothball the physical asset and end operation. This keeps us in the game.”
GM is aiming to shift its focus toward electric vehicles and self-driving cars and away from sedans such as the Chevrolet Impala, which was produced at the Oshawa plant. The automaker has already invested significant sums into engineering for such vehicles in Ontario.
“Tying Oshawa into those efforts may be what saves it,” Volpe said. “Obviously, the best thing would have been a full reversal of what they announced, but the next best thing is what they announced today.”
Powered by Translate

HR Network