Word: oshawa
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...typical line worker at a GM plant in Ramos Arizpe or Silao earns $2.80 per hour, a mere 10% of the $28 per hour (not including benefits) earned by his counterpart in Grand Rapids, Mich., or Oshawa, Ont. Add in GM's crushing legacy costs - pension and health-care obligations to retirees - which are only a minor consideration in Mexico, and it explains why the country is a cash...
...Most of that increased output will end up in the U.S., but GM Canada may ultimately pay the highest price for the shift in production. The reason is that, going forward, slashing output in Oshawa - its main production facility, located east of Toronto - comes at a much lower political price than doing the same in the U.S., where the U.S. Treasury and United Auto Workers control nearly...
...keep 16% of combined U.S.-Canada output north of Detroit, but unless its new models can win market share from Ford and Toyota, it will continue its painful slide into oblivion. Also, as GM continues to shrink at home, it can trim a proportionate amount of production in Oshawa without breaking its promise to the Canadian government. Early on July 8, GM reported a 34% decline in June sales, to 176,571 cars and light trucks, in its domestic market. Year-to-date sales have collapsed 41%, to 954,356 vehicles...
However Canada's willingness to offer as much as it has to GM Canada comes in the face of strong public opposition to the bailout, even in dyed-in-the-wool auto towns like Oshawa and Windsor. "Across Canada opposition to bailing out the car companies is something like 4 to 1," says analyst DesRosiers, who has more than 30 years of auto-industry experience. For $9 billion, he adds, the Canadian government could have asked any of the solvent Japanese or European automakers to build five new car plants in Ontario...
...engineering of a rear-wheel-drive chassis that its Holden auto subsidiary had sold in small quantities over the years in both its home market and the Middle East. The Camaro is built on the Holden platform. The car will actually be assembled at GM plant in Oshawa, Ontario, outside of Toronto...