How did the 2008 financial crisis affect GM Canada?
A Look Back at GM’s History in Canada
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GM Canada is transitioning from traditional car production to electric and autonomous vehicles, ending a long history that began with the McLaughlin Carriageworks in 1867. The company played a significant role during WWII and prospered post-war, but globalization and the 2008 financial crisis led to a decline in the Oshawa plant's competitiveness. Although the plant will cease production, some employees will be rehired for testing and parts manufacturing, marking a new chapter in GM Canada's history.
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What are the future plans for the Oshawa plant regarding new vehicle production?
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