Published: Wed, November 28, 2018
Finance | By Cynthia Curry

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

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

General Motors on Monday announced it's cutting up to 14,000 workers and putting five plants up for possible closure in North America. Plants that will be "unallocated" in 2019 include Lordstown, as well as Detroit-Hamtramck in MI and Oshawa Assembly in Ontario, Canada.

GM also said that the company will jettison the Buick LaCrosse, Chevrolet Impala and Cadillac CT6 sedans next year.

"The Chevy Cruze has won extreme accolades, consumer's best buy, five-star crash ratings". GM also plans to close an assembly plant and a transmission plant in OH, along with an assembly plant in Canada. GM said its slimmed down production plan would allow it to share technology across all of its vehicles and reduce the amount of time and workers it takes to build cars. GM Chief Executive Officer Mary Barra is trying to make the company leaner as US auto demand slides from a record in 2016 and sales in China - GM's other profit centre - are also in a slump. So I said: "'Then put a auto that is selling well in there but get it open fast'".

Tom Wolikow, a United Auto Workers activist who was among the earlier layoffs, says the timing of Monday's announcement was particularly brutal. Plants without products include assembly plants in Detroit; Lordstown, Ohio; and Oshawa, Ontario.

"They're all coming back".

"It's not about jobs to them; it's about profits", said U.S. Rep. Timothy J. Ryan, D-Howland.

The UAW vowed to "confront" the decision "through every legal, contractual and collective bargaining avenue", while Canadian union Unifor President Jerry Dias promised "one hell of a fight here in Canada with General Motors".

The U.S. plant closures must be negotiated with the UAW, which could refuse to agree to a collective bargaining agreement and strike the automaker's plants nationally - ceasing production of highly profitable truck and SUV plants that are subsidizing costs of autonomous and electrified vehicles. "We all know there is strong demand for manufacturing space in Detroit and we are willing to work with GM to fill all the available manufacturing space at Poletown with either GM-related entities or other companies".

The Dangerous Tribe That Is Isolated From The World
Police arrested the seven fishermen and charged them with endangering the life of the American by taking him to a prohibited area. The fishermen, meanwhile, dropped John at the North Sentinel island and then decided a time to meet at the shoreline.

Autonomous vehicles remain in testing and face a litany of safety and regulatory hurdles, while full battery-electric vehicles represent roughly 1 percent of US sales this year, according to IHS Markit.

And GM was far from the only automaker damaged by tariffs, both on China imports and metal imports from other countries.

Trump told The Wall Street Journal that he spoke with GM CEO Mary Barra on Monday and told her that GM "better damn well open a new plant there pretty quickly".

The Lordstown plant became a target in the restructuring as its lone product, the Chevy Cruze sedan variant, has faced drastically plummeting sales over the last calendar year.

Trump was particularly frustrated with the prospects of a possible closure of a GM plant in OH, according to a transcript of the interview.

Just last week, politicians and union leaders kicked off a campaign to keep the Lordstown plant operating.

"Even worse, the company reaped a massive tax break from last year's GOP tax bill and failed to invest that money in American jobs, choosing to build its Blazer in Mexico", said Brown.

Like this: