WOW, if this is 1/2 true it is not real pretty

shag766 · FOXBORO, ONT

WOW, if this is 1/2 true it is not real pretty

Iwannagofast · ONTARIO

We just bought a new vehicle and it wasn't a Chev or a Ford, nor was it a Chrysler.. I worked 26 years for TRW manufacturing steering, suspension and brake parts for Ford and Chrysler. At no time did any of the "big 3" - at that time show any support what-so-ever to the Tier 1 Suppliers who were in Contract discussions but all 3 have gone cap-in-hand to the Tax-payers of On. / Can for support when they wanted it.Now they take the money and run?.... well EFF them.

Smokin Joe · ONTARIO

By 2022 There will be no GM Canada as it will be all moved to Mexico. GM moved the Oshawa truck plant to Mexico and are now closing Oshawa because of lagging sales for Oshawa. But they took away the truck that was 3 shifts production and highest in JD Powers awards in the industry. All smoke and mirrors seeing they also took the Equinox out of Canada. Will soon claim that plant is not doing well also and close it. As for the engine plant it has a skeleton work force and will also close seeing they already sent Flint Engine to Mexico a few years ago. So if you buy a new GM crate engine it is now made in Mexico more than likely. GM now has more people on pension than workers so if they close GM Canada they will no longer be responsible for a pension fund.
We payed BILLIONS of $$$$ to save the company to give them more time to leave the country. The funny part is Canadians are so liberal minded they will still buy GM but not Heinz ketchup.

flatblack55delivery · PORT HOPE, ONT

I am a taxpayer. I am over 65. I have always been a GM guy. We have 4 GM hotrod vehicles in the yard and a couple projects as well.
Doesn't matter to me if this video is true or not but because of GM snub of Canada ,I would not even consider purchasing anything new or used from that company.
This move is really going to cost them ,I feel really sorry for there pensioners,dealers and suppliers but
over here near Oshawa people are really pissed at the arrogance of the take the money and run attitude . And no they didn't pay all the
bailout money back as there was millions of loans and grants that they were given . Too big to fail,maybe not. Ed

51 Styline · NIAGARA FALLS, ONT

I have always been GM. since 1958. Bought GM all the time and worked at GM dealerships as a tech since 1963. Now that GM has given Canada the finger i myself will no longer buy GM. I have been looking at, ford and c c c c c chrysler as an alternative, that was hard to type in. Still won,t buy Toyota or Honda but the other BIG 2 still produce in Canada.

BigOldChryslers · HAMILTON, ONT

I think the closing of Oshawa is the conclusion of a long-term strategy by GM to shutter that plant, but 4 US GM plants that manufacture sedans are also getting the axe. I'm sure that GM CEO Mary Barra did not make that decision lightly, knowing how badly the optics would look and having to deal with the unions and Pres. Trump's bluster.

Note that GM is actually the LAST of the big-3 to cancel their sedan offerings. First, FCA discontinued their compact Dodge Dart and Chrysler 200 sedans already. FCA has changed their mind about moving their fullsize cars to another platform and is now talking about a less-costly LX platform refresh. The Chrysler 300 will probably be discontinued at that time, leaving only the Charger and Challenger. Ford recently announced the discontinuation of most sedans because of declining sales.

New vehicle sales in North America are entering recession territory. Sedan sales have been declining for years, but light truck sales (including CUVs) were rising faster so the overall new car market was growing. In 2018, light truck sales also started to decline also. In the last recession, GM kept producing at plants which were not running anywhere near capacity, which bled them dry of cash. We know how that turned out. If they run out of money again in the next downturn there will not be another bailout and GM will be gone.

By discontinuing slow-selling sedans, all of the big-3 are being proactive to conserve cash. This is a sign that they believe the next recession is coming. Consumers should be paying off debt and building-up an emergency fund.

I haven't watched the youtube video yet so I can't comment on it specifically. Offhand though, I would not describe GM's actions as "evil and greedy". Possibly shortsighted if they would destroy existing goodwill with the buying public in search of more profit. As I stated already, I think they would have taken that into consideration at this time especially, and decided it was necessary for the company's continued survival.

Smokin Joe · ONTARIO

People are forgetting they also built Chevy trucks in Oshawa that they closed the plant and now build in Mexico. Remember GM Mexico or GM China did not go bankrupt after they raped the North American plants of all the good selling products.

Bob T · BRANTFORD, ONT

There are some very correct points made so far. I am a retired CAW National Rep and serviced G.M. from 1987 to 1993. I too believe they have a exit strategy and have believed that for years. When I was the rep. GM of Canada had 36,000 hourly workers [down from a high of 48.000].In recent years have shut Windsor Transmission; Windsor Trim; sold London diesel [ later closed by new owners], Scarbough Van; St. Therese [Camero & Firebird] 1/2 of St. Catherines, and at Oshawa the Truck plant; Battery Plant; Fab. plant and one of the car lines. That's why they Oshawa is at 30% capacity. Counting CAMI in Ingersol there are less than 6.000 hourly left. I predict CAMI and St. Catherines will be gone in less than 5 years. GM does't own their Canadian headquarters in Oshawa [leased] and has found a way to limit pension liability. I have bought G.M. cars and trucks since 1966 and will NEVER buy another G.M. product if don't reverse their closure plans at Oshawa [and they will not].I hope I'm wrong.

shag766 · FOXBORO, ONT

that pension liability is a big deal for them on a per unit basis's from what i have deduced from different source's. apparently there is a company in india putting out a car for darn near what g.m. needs per unit to cover the pensions and that would put the other big 2 in the same boat. another real big deal is the demographic's in the market today and definitely tomorrow. a big %, and growing, of the kids today don't care if they even have a license let alone own a car and the costs to have one. this uber thingy is just a start into where it's going i think. flat duck asked how many 20 ish kids are on here but another way to look at it is, how many own one let alone want one, or any car for that matter. it's sad but true. a bunch of us on here had some form of a car or bike before we had a license, lol. i was at the door on my 16th birthday, april /66 to write a test to get a learner permit and when i did take the drive test, in lindsay june-july /66, i drove moms car and got a chauffeurs license to boot, today's class A equivalent. go get a license today from scratch, it's a process for sure.
another thing that isn't right is these companies pulling out of canada and taking billions in r & d money with them, that was a tax credit to them or yours and mine if you like. when cat pulled the diesel plant from london to the u.s. they should of been handed a bill for maybe 1/2 of the tax free r & d money that went into that plant over the years. that number would shock us and that is just one plant. anyway it's a changing world today. truthfully i don't know if i would want to be starting over again in today's world, lol i just can't see it being as much fun. could of put the brakes on about 10 yrs or so ago though. lmao

dualquadpete · BLACKSTOCK, ONT

A friend of mines neighbour works at a local GM dealer in sales. Since closure announcement he said they have sold 3 vehicles!!! Looks good on them. I've always been a GM guy but when Yukon needs changing a Ford Expedition is on the list!!!! So far that's the only comparable vehicle to Suburban/Yukon??? Don't want a Pick up as can't put "car plates" on truck & don't want to have to deal with yearly inspections on tow vehicle & both trailers.

Bob T · BRANTFORD, ONT

shag766 Its my understanding that the GM pension plan is fully funded at the moment and when the stock market was doing well they were not putting much if any in. There is also a portion of the plan [Special Allowance] for the 30 & out retirees that is funded seperatley. The problem is if they leave Canada they will not be liable for future deficits. My next truck will be a Dodge Ram when and if they ever decide to build the regular cab again. They are moving production to the US from Mexico. No pickups are made in Canada anymore.

-- Edited by Bob T on Saturday 26th of January 2019 04:00:53 PM

DJD · SCARBOROUGH, ONT

first , hate to see so many see the end of something they've grown used to being able to count on..

but I have to point out the argument about GM in china is basically irrelevant

though it is an example to of what a working trade deal should look like

they build 'em there to sell 'em there

to add when GM killed pontiac and olds they only saved buick because BUICK SELLS IN CHINA

and sadly the idea of a boycott when you consider canadian sales vs world sales ....

yeah sadly not as meaningful as one would hope

427CARL · CLINTON, ONT

Sad .

I hope the Cami plant can hang on for the 5 years suggested .

My little bastard ex-son-in law still owes us 5 years of child support and 20g in back arrears

Most folks who are not car enthusiasts and don't give a ****t where the cars are built

dualquadpete · BLACKSTOCK, ONT

I see UNIFOR has bought ads for the Canadian broadcast of Super Bowl, Just Slamming GM for taking bailout $$$ then walking away now. Estimates are now between 8 & 10,000 job loses in the Province with feeder plants + more in feeder plants in USA!! Some radio talk shows guests are predicting that GM Cda. with be out of car production in a few years, & just doing tech. for electric vehicles!! I think their correct.