Company says brand’s workers need to be closer to engineers and designers; Cadillac plans to launch a new vehicle every six months for the next three years.
CEO Don Walker says any border adjustment tax would be negative for the industry.
Election on exclusive bargaining rights would only apply to the about 165 “skilled trade” workers at the plant.
The worst performers were Infiniti, Cadillac, Ram, Jeep and Fiat among 28 brands.
Production expected to grow by 2.5%; weaker loonie will increase profits to $2.3 billion this year.
Demand from transportation, including aerospace, is to grow 4% to 6% annually.
Automaker also confirms two future products would go to the plant, eventually bringing a second shift.
Kathleen Wynne says Ontario is supportive of opening up opportunities for Ontario, but has concerns about the auto sector.
$1.3 billion investment brings automaker’s total spending on US manufacturing plants to $2.8 billion in 2013.
Dan Akerson says taxpayers would have had to pick up the company’s $26 billion pension obligation if the automaker went under.
The French automaker and partner Dongfeng Motor Group. will each own 50% of the venture.
The Canadian government sold a block of 30 million GM shares in September, valued at $1.1 billion.
Automaker looks to increase its footprint in the fast growing Chinese car market.
Ford led the way with a gain of more than 10%, selling 22,635 vehicles for the month, up from 20,561 a year ago.
Despite high sales, assembly plants in Canada aren’t growing the way they should be.