GM plans major announcement on global operations Monday: Canada union [Reuters]
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Source: Reuters
GM plans major announcement on global operations Monday: Canada union | Reuters 4 Min Read MONTREAL/WASHINGTON (Reuters) - General Motors Co ( GM.N ) is set to make a major announcement on Monday that will affect its global operations and threatens to shutdown a big vehicle assembly plant in the province of Ontario, a Canadian union said on Sunday. Unifor, which represents most unionized autoworkers in Canada, said it had been informed by GM that there would be no product allocated to the plant in Oshawa after December 2019, a development that would affect production at the plant. The union statement came after a Canadian TV news channel said GM was planning to close all operations at the plant in Oshawa, near Toronto. A GM spokesman declined to comment on Sunday evening. GM has been cutting jobs to deal with plunging car sales in North America. The company has internally debated for months how to address shrinking car demand, a person briefed on the matter said, and the issue is ce
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