General Motors Canada

General Motors of Canada Company
Canadian Privately owned subsidiary
Industry Automotive
Founded 1918
Headquarters Oshawa, Ontario, Canada
Key people
 Stephen K. Carlisle, President and Managing Director, GM of Canada Limited
Products Automobiles
Engines
Revenue $31.675 billion (FY,2007)
Number of employees
 10,000[1]
Parent General Motors Corporation
Website www.gm.ca

General Motors of Canada Limited (GM Canada) (French: General Motors du Canada Limitée) is General Motors' Canadian subsidiary. Its national headquarters office, Canadian Regional Engineering Centre, and main manufacturing plants are located in Oshawa, Ontario. GM Canada is 100% owned by GM.

As of April 24, 2009, GM Canada has received a combined loan commitment of C$3 billion from the Canadian and Ontario governments to help it deal with major financial problems amid falling sales.[2]

History

McLaughlin Car Company of Canada was founded in 1907 when Samuel McLaughlin and William C. Durant agreed to a contract to produce Buick Model F power trains for 15 years at cost plus. The cars became known as McLaughlin Buicks. In 1908 Durant and McLaughlin started General Motors Holding Company after Durant exchanged $500,000.00 of Buick stock for $500,000.00 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.

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.[3]

A Maple Leaf, a heavier-duty Chevrolet truck built at the Oshawa Assembly and sold in Canada with minor trim differences to the American trucks.

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.[4]

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 sinage 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.[5] 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.[6] Reducing its franchises in Canada from approximately 709 dealerships to +\- 470 across the country, after General Motors (US) bankruptcy. The Canadian Government owns 12% of General Motors stock today.

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.[7]

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.[8]

Canadian factories

Plant Location Year opened Products Made
CAMI Automotive 300 Ingersoll Street,
Ingersoll, Ontario		 1989 Chevrolet Equinox, GMC Terrain
Oshawa Car Assembly-1907 moving to the South Plant started in the 1950s 1000 Park Road South,
Oshawa, Ontario		 1950s Buick Regal, Cadillac XTS, Chevrolet Equinox, Chevrolet Impala
Oshawa Metal- 1907 North Plant 900 Park Road South,
Oshawa, Ontario		 1986 Body parts for Oshawa Car Assembly
St. Catharines Engine/Transmission 570 Glendale Avenue,
St. Catharines, Ontario		 1954

Models currently made in Canada

A Vancouver 2010 Winter Olympics vehicle in Vancouver. GM Canada was a sponsor of the Vancouver 2010 Olympics.

Former Marquees exclusive to Canada

See also

References

  1. ↑ http://www.gm.ca/inm/gmcanada/english/about/Overview/overview.html
  2. ↑ Industry Canada (2009-03-30). "The Governments of Canada and Ontario Reject Automakers' Restructuring Plans". Retrieved 2009-04-26.
  3. ↑ "History of GM Canada". Gm.ca. Retrieved 2010-12-06.
  4. ↑ The Top 200 - Canada's Largest Companies c1973-74 - Business Archived February 23, 2008 at the Wayback Machine
  5. ↑ "J.D. Power and Associates". Jdpower.com. 2010-11-29. Retrieved 2010-12-06.
  6. ↑ "GM to drop Pontiac in 2010, cut thousands more jobs". CBC News. April 27, 2009.
  7. ↑ Archived December 1, 2008 at the Wayback Machine
  8. ↑ "This page is available to GlobePlus subscribers". Theglobeandmail.com. Retrieved 2010-12-06.

External links

This article is issued from Wikipedia - version of the Saturday, January 30, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.