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GM plans major announcement on global operations Monday: Canada union

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Unifor, which represents the majority of union automakers in Canada, said that GM said that after December 2019, a product that will affect production at the plant will not be produced in Oshawa.

A union statement appeared after a Canadian channel's news channel said that GM plans to close all operations at a plant in Oshawa, near Toronto.

GM spokesman declined to comment on Sunday evening.
GM is cutting jobs to cope with car sales in North America. For several months, the company repeatedly discussed the issue of reducing the demand for a car, said one of the participants in the briefing on this issue, and this question will undoubtedly reappear when GM negotiates a contract next year with the United Auto Workers union.

GM is expected to announce as soon as this week some involuntary hired layoffs after it failed to get so many volunteers to accept the ransom, the person said, hoping.

GM said on October 31 that about 18,000 of their 50,000 employees in North America are eligible for redemption.

Accelerated cost cutting and restructuring at GM comes in, like many industry leaders, and analysts predict that total auto sales in the United States will decline in 2019 and 2020.
At the same time, China, the world's largest car market and the largest auto sales market for GM, has slowed sharply in the past few months.

Analysts say GM has too many North American plants building slow-selling sedans.

GM shares fell 12 percent in a year, and GM CEO Mary Barra, in her message to employees last month, quoted stagnant stock prices as a reason for tougher restructuring measures.

According to her, the automaker had negative cash flow in the first nine months of the year, and he had to cut costs.

GM offers redemption to North American employees and says it can fire white-collar employees if they do not achieve the goal of reducing costs.

A person inquiring about this issue confirmed that GM had planned a major announcement about the future of the plant in Oshawa, but said that the automaker wanted to notify employees of its plans before making any reports about this plant.

According to Automotive News, total car production at the Oshawa complex fell by 60 percent in the first ten months of 2018 compared to the same period last year.

GM has about 2,500 union employees in Oshawa, which produces both the Chevrolet Impala sedans and the Cadillac XTS. It also completes the final build of stronger silver and Sierra pickup vendors that depart from Indiana.

Political pressure in Canada is already growing at GM, which has received billions of dollars in aid from the governments of the United States, Canada, and Ontario after filing for bankruptcy during the global recession in 2009.
"We are aware of the reports, and in the coming days we will work to determine how we can continue to support our automotive industry and workers,” said a Canadian government official.

"The work of many families is on the line,” said Colin Curry, a member of parliament for Oshawa. "Communities throughout Ontario would be devastated if this plant were to close.
The US automaker has other operations in Canada, including the plant in Ingersoll, Ontario, where it assembles the Chevrolet Equinox.

The reported plant closure is another blow to the Canadian auto industry, which has lost jobs in the United States, where governments offer manufacturers rich incentives and Mexico, where labor costs are lower.

However, the new trade deal, which the United States, Mexico and Canada hit in September, leaves a significant opportunity for Canadian factories to increase their exports of duty-free trade.




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