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Thursday, June 5, 2008
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GM to close 4 truck, SUV plants as consumers' preferences shift
Summary from Canada, from articles in English
General Motors' decision to close four manufacturing plants, including GM's pickup truck plant in Oshawa which will leave 2,600 employees out of work, has come under fire by workers and union leaders. (article 1) GM CEO Rick Wagoner said Tuesday that higher gasoline prices are rapidly changing the auto industry sales mix, as consumers shift away from large trucks and SUVs. (article 1) GM CEO Rick Wagoner was to meet with CAW president Buzz Hargrove on Friday, but Buckley said the blockade will remain in place. (article 2) " This decision will have an absolutely devastating impact, not only on 2,600 of my members, but throughout this community, throughout our province. (article 2) The Oshawa plant, which produces the Chevrolet Silverado and the GMC Sierra, is expected to close in 2009, GM CEO Rick Wagoner said Tuesday during a news conference in Wilmington, Del., prior to the company's annual meeting. (article 2) The opposition parties say the province's auto-investment strategy is in tatters, with Conservative Leader John Tory claiming Ontario has now lost more auto sector jobs than the government has created. (article 3) NDP Leader Howard Hampton is questioning the worth of any job guarantees the government got from the auto companies in exchange for millions of taxpayer dollars in loans. (article 3)

Other summaries about this story:
  • Summary from United States, from articles in English (10 articles) [compare]
  • Summary from multiple countries, from articles in English (13 articles) [compare]

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    GM, Wagoner, plant, Oshawa, vehicles

    Source articles
    1. Your Interview (cbc.ca, 06/04/2008, 223 words)
    2. Union blockades GM headquarters in Oshawa (cbc.ca, 06/04/2008, 574 words)
    3. Ontario may try to recoup some GM loan money (cbc.ca, 06/04/2008, 398 words)




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