How did the 2008 financial crisis affect GM Canada?
Looking Back at GM's History in Canada
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GM Canada is transitioning from legacy car production to electric and autonomous vehicles, marking the end of a long-standing tradition. The company originated from McLaughlin Carriageworks, founded in 1867, and became part of GM in 1918. During WWII, GM Canada shifted to military production. Post-war, the company thrived but faced challenges from globalization and the 2008 financial crisis. The Oshawa plant's production has significantly decreased, with no plans for new vehicle production there. However, some employees will be rehired for testing and parts production, signaling 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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