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Stock impact report

GM plans closure of Canada plant with 2,200 workers [MSN Money]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: MSN Money
© Bloomberg General Views of General Motors Co. Oshawa Assembly Plant A car plant that General Motors Co. has operated for 65 years in Canada could be on the verge of shutting down, though the union that represents thousands of workers at the factory are still holding out hope. Load Error The company will announce Monday that it’s ending production at its plant in Oshawa, Ontario, two people familiar with the plans said, speaking on condition of anonymity. Unifor, the union representing autoworkers, said it’s been told there is no car production assigned to the factory beyond next year, raising the prospect of talks to preserve jobs. The General Motors assembly plant in Oshawa. “We have been informed that, as of now, there is no product allocated to the Oshawa assembly plant past December 2019,” Unifor said in a written statement Sunday night. “Unifor does not accept this announcement and is immediately calling on GM to live up to the spirit” of a contract a Show less Read more
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