GM to close 5 factories, including Hamtramck and Warren

TV report: General Motors plans to close Canadian assembly plant

Ford says he asked GM in a phone call on Sunday whether there was anything the province could do to keep the plant open, and was told it could not.

At the factories, around 3,300 blue-collar workers could lose jobs in Canada and another 2,600 in the US, but some USA workers could transfer to truck or SUV factories that are increasing production.

General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a stagnant market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles.

He said Ottawa should concentrate on extending Employment Insurance (EI) supports to laid-off workers and commit to funding new training to deploy affected workers elsewhere.

In announcing the changes, GM officials said they were part of a corporate transformation that began in 2015. The enormous plant near Texas 360 and East Abram Street employs about 4,125 people.

Canadian Prime Minister Justin Trudeau said he spoke with Barra and expressed "deep disappointment".

The GM auto plant has always been woven into the fabric of the town.

Unifor, the union representing more than 2,500 workers at the plant, said it has been informed that there is no product allocated to the Oshawa plant past December 2019.

Toyota Motor Corp. also has discussed cutting costs, even though it's building a new assembly plant in Alabama. The company offered buyouts to 18,000 white-collar workers in October, but hasn't said how many accepted.

While GM declined comment on the announcement, the end of a product line doesn't necessarily result in the closure of a plant. Two transmission plants - one in White Marsh, Md., and another in Warren, Mich. - are also set to stop production.

The Oshawa announcement also raises questions about the future of GM operations in Ingersoll, which now produces the third-generation Chevrolet Equinox, and the St. Catharines engine operations, which produces engines and transmissions that are shipped to 10 different GM assembly plants across North America.

It's unclear how many employees will lose their jobs, since this is part of a larger global restructuring plan, the sources said.

"GM didn't build #Oshawa". "We think it is appropriate to do it at this time while the company is strong and the economy is strong".

General Motors says it plans to cease production of some models at three vehicle assembly plants in the US and Canada in 2019.

While industry-wide passenger auto sales were down 13.2 percent through the first nine months of the year, pick-up truck and SUV sales rose 8.3 percent. "They told me straight up there's nothing we can do".

"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.

GM was swept up in the financial crisis of 2008-09, and received bailout loans worth US$60-billion from the governments of Canada, Ontario and the United States.

In 2015, assembly of the Chevrolet Camaro in Oshawa ended and in 2016, assembly of both the Chevrolet Impala and Equinox came to an end. "These actions are expected to increase annual adjusted automotive free cash flow by $6 billion by year-end 2020 on a run-rate basis", the company said in a statement.

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