General Motors of Canada Company (French: la Compagnie General Motors du Canada), or simply GM Canada, is the Canadian subsidiary of General Motors. It is headquartered at the Canadian Regional Engineering Centre in Oshawa, Ontario, Canada. In the aftermath of the 2008 financial crisis, GM Canada received a combined loan commitment of C$3 billion of financial assistance from the federal and provincial governments amid declining sales.
Video General Motors Canada
History
McLaughlin and Buick
McLaughlin Motor Car Company was founded in 1907. Samuel McLaughlin and William C. Durant, respectively the biggest carriage builders in Canada and the United States, contracted for Durant's Buick to supply McLaughlin with power trains for 15 years. McLaughlin fitted the power trains to running gear, bodies and chassis built by McLaughlin in Canada. The cars were branded McLaughlin until the end of the contract. McLaughlin-Buick was the brand between 1923 and 1942.
In 1908 Durant and McLaughlin started General Motors Holding Company after Durant exchanged $500,000 of Buick stock for $500,000 of McLaughlin Motor Co. stock. McLaughlin also exchanged his Buick stock for General Motors stock, and in 1910 was invited to be on the board of General Motors in Detroit.
Chevrolet
In 1915 McLaughlin acquired the Chevrolet Car Company of Canada, which built Chevrolets in Oshawa with Chevrolet motors and McLaughlin bodies. In 1918 he merged his company with it under the name General Motors of Canada Limited prior to his becoming director and vice president of General Motors on the approval of Durant, who was then president of General Motors and owner of the Chevrolet Motor Co. The Corporation moved people in 1918 after McLaughlin allied his Company with the Corporation unknown to Robert McLaughlin,McLaughlin-Buick:"Canada's Standard Car" virtualmuseum.ca . The McLaughlins were given GM Stocks for the Propriortorship of the Canadian Company and $10,000,000 to build Walkerville and Canadian Products. as September 23, 1933 Financial Post page 9 reported but not ownership.
GM Canada is a private subsidiary that is wholly allied noted by The Canadian Motor, Tractor and Implement Journal 1919 by General Motors, so information such as assets, revenues, and profits are not disclosed. Nonetheless, GM Canada has historically been one of the largest and most powerful corporations in Canada, being listed as the third "largest" in 1975, and being comparable to several publicly traded companies such as BCE, George Weston Limited, and Royal Bank of Canada.
General Motors of Canada opened its new head office building on the shore of Lake Ontario in 1989. It is a fixture on Highway 401 and usually displays an enormous picture of a new vehicle on its huge glass atrium. This is a rented structure of General Motors Corporation and today is called General Motors. General Motors of Canada built their first offices on Richmond street in Oshawa and had large General Motors of Canada signage from 1919. The McLaughlin plants were there and were resigned by the McLaughlin Family.
GM's Canadian Regional Engineering Centre opened in June 2001. It is primarily responsible for managing the design and validation of vehicles which are manufactured in Canada, though it supports many joint development efforts with GM operations in other countries.
The manufacturing plants located in Oshawa produced the Chevrolet from 1915, and today the Camaro and included the Chevrolet Truck Company of Canada 1919. Cadillac and LaSalle were built here too. The Oshawa plants have regularly garnered top quality ratings by J.D. Power. The Oshawa facility was ranked number 1 facility in overall quality in North and South America by J.D. Power and Associates. The Truck Plant was closed to give industry to Mexico,and reopen old Saturn Plants.
General Motors of Canada announced a naming rights deal for the General Motors Centre in Oshawa on October 5, 2006. The centre's main tenants are the Oshawa Generals junior hockey team, who were named for the company in 1937.
On April 27, 2009, GM Canada announced that it would cut over half of its Canadian jobs and close 40% of its Canadian dealerships by 2014 in response to its parent company's dire financial straits. Reducing its franchises in Canada from approximately 709 dealerships to +\- 470 across the country, after General Motors (US) bankruptcy. The Canadian Government sold its 12% of General Motors stock, purchased in 2009, in early 2015.
Maps General Motors Canada
2008 Canadian Auto Workers bargaining
General Motors and the Canadian Auto Workers union reached a tentative agreement on a new collective bargaining contract on May 15, 2008, a full four months before the existing contract was due to expire. As part of the agreement, GM pledged to maintain production at the Oshawa, Ontario pickup truck plant and made other production commitments.
On June 3, 2008, less than three weeks after ratification of the new contract, GM announced that, due to soaring gasoline prices and plummeting truck sales, it would close four additional truck and SUV plants, including the Oshawa pickup plant.
In response, the CAW organized a blockade of the GM of Canada headquarters in Oshawa. The blockade was ended by an Ontario Superior Court order, after 12 days. Further discussions between GM and the CAW resulted in an agreement to compensate workers at the truck plant and additional product commitments for the Oshawa car assembly plant.
Canadian factories
Former Plants
- Scarborough Van Assembly 1952-1993
- Regina Car Plant 1931-1941 - produced Pontiac, Buick and Oldsmobile lines; during World War II used to make tank gun carriages, Oerlikon gun parts, anti-tank guns; federally owned Regina Industries Ltd until 1967 then rented out by provincial government
- Sainte-Thérèse Assembly (Chevy, Pontiac), Sainte-Thérèse, Quebec 1965-2004
- Windsor Transmission plant 1963-2010
- Oshawa Truck Assembly (Chevy, GMC Truck) 1965-2009
- GM north plant Oshawa 1907-2004
Models currently made in Canada
- Chevrolet Equinox Ingersoll CAMI Automotive
- Cadillac XTS, Chevrolet Impala, Silverado and Sierra from Fort Wayne Bodies Oshawa Car
Former Models made in Canada
- Buick Regal Oshawa Car
- Chevrolet Impala Oshawa Car
- Chevrolet Camaro Oshawa Car
- Chevrolet Camaro Sainte-Thérèse, Quebec Car
- Pontiac Trans Am Sainte-Thérèse, Quebec Car
- Chevrolet Silverado Oshawa Truck
- GMC Sierra Oshawa Truck
- Chevrolet Tracker Ingersoll CAMI Automotive
- Pontiac Torrent, GMC Terrain Ingersoll CAMI Automotive
Former marques exclusive to Canada
- Acadian (1962 to 1971) - Canadian-built Chevrolet IIs
- Asüna (1992-1995) - rebadged imported Isuzu, Suzuki and Daewoo models
- Beaumont (1966 to 1969) - based on Chevrolet Chevelle
- Envoy (1959-1970)- rebadged imported British-built Vauxhall and Bedford models
- Passport (1988-1991) - rebadged imported Isuzu, Saab and Daewoo models
See also
- General Motors
- Oshawa - Detailed history of the early years of GM in Canada.
- Samuel McLaughlin - The first President of GM Canada
- Final Offer - documentary film that shows the 1984 contract negotiations
- Foreign ownership of companies of Canada
- Canadian Military Pattern truck - An important part of GM Canada's contribution to the war effort in World War II
- Oshawa Generals and General Motors Centre
References
- GMC to add minivan, GM to discontinue others.
- J.D. Power website
External links
- GM Canada Website
- Timeline of General Motors of Canada history
- An interactive timeline of GM's history in Canada
- CTV news: GM Canada says 245 dealerships getting axed
Source of article : Wikipedia
0 Comments