Workers stream out of GM Oshawa plant amid reports of planned closure

Workers stream out of GM Oshawa plant amid reports of planned closure

"We supported GM years ago when they were in trouble".

Governor-elect Mike DeWine noted the importance of the plant and is planning to personally speak with GM on the issue. Some will take buyouts while others will be laid off.

About 6,000 factory workers could lose jobs in the US and Canada, although some could transfer to truck plants.

A spokeswoman for GM Canada said Sunday that the company had "no news or comment tonight" and would not be commenting on speculation.

GM is cutting more than 6,300 hourly and salaried workers at its plants and 15 per cent of the salaried workers in North America for a total of more than 14,000. The Cruze compact auto will be discontinued in the USA market in 2019. Fiat Chrysler Automobiles got out of small and midsize cars two years ago, while Ford announced plans to shed all cars but the Mustang sports vehicle in the the coming years.

Shares of GM, the largest automaker in the USA which sells the Chevrolet, Buick, Cadillac and GMC brands, rose almost 6 percent on the news to $37.98 in Monday afternoon trading.

FBN's Ashley Webster on General Motors' decision to cut 15 percent of its workforce and halt production of several slow-selling models.

President Donald Trump said his administration and lawmakers are exerting "a lot of pressure" on GM.

"It's really hard to be a Trump supporter at a time like this", he said.

The company is battling rival automakers to be first in line to mass produce the cars of the future. If the Lordstown jobs are coming back, it's not happening soon.

In a statement, Unifor, the union representing auto workers at the plant, said they have not heard "complete details of the overall announcement" but were told that no cars are set to be assembled at the plant past December 2019.

TV report: General Motors plans to close Canadian assembly plant

While GM is buying out and laying off workers in its core auto operations, the automaker has added close to 1,000 people in the past year at Cruise.

Oshawa Mayor John Henry said he hopes the news is "just a rumour", and adds that he had not spoken to anyone from GM.

Canadian Prime Minister Justin Trudeau on Monday expressed his "deep disappointment" in General Motors' decision to close its Oshawa plant, a move Canadian officials only learned about on Sunday and which led workers to walk off the job on Monday.

"You've got to take a stand at one point, so that's what we're doing", one woman said as she made her exit.

"We believe in an all-electric future", Ms. Barra said. "As we're transitioning to the new truck architecture", she said. "It would be like breaking up a family". The company will instead concentrate on trucks and SUVs, and will double its investment in electric and autonomous vehicles.

According to a WKBN-TV report, production of the Chevy Cruze at the Lordstown plant will stop in March.

Transmission plants at Warren, Michigan, and in Baltimore are also affected; as is the Oshawa plant in Ontario in Canada which will stop making the Impala, Cadillac XTS and 2018 full-size pickups. Of that amount, US$600 million was due largely to USA tariffs on imported steel and US$200 million from retaliatory tariffs imposed by China on American vehicles, Ford said.

While General Motors has dramatically reduced production and assembly in Canada, it announced a plan in June 2016 to hire about 700 engineers to expand research into self-driving cars and other technology.

"We have a collective agreement that says they're not closing any of our facilities ... so we will do anything by any means to make sure that they live up to their word", Jerry Dias said at a press conference in a packed union hall. They have an 11-month-old at home.

"While this may be a market necessity, I am concerned about the brain drain: a loss of valuable legacy knowledge and experience as long-term GM employees are let go", said Rebecca Lindland, executive analyst at Kelley Blue Book.

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