Canada’s auto industry driving towards increased profits
Production expected to grow by 2.5%; weaker loonie will increase profits to $2.3 billion this year.
GM Canada to cut Oshawa assembly workforce by 1,000
“We knew the announcement was coming but it still doesn’t make it any better,” said Unifor’s Jerry Dias.
GM Canada to make major R&D announcement in Oshawa today
Several hundred million dollars to be spent by 2016: watch for details.