Deleted
Joined: Jun 8, 2023 0:33:44 GMT -5
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GM
Feb 5, 2019 13:19:39 GMT -5
Post by Deleted on Feb 5, 2019 13:19:39 GMT -5
In a move to follow where the market leads, GM, like Ford has already done, is dropping some standard car models with the subsequent plant stoppages, in order to direct cash flow to the development of electric and self driving cars.
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Deleted
Joined: Jun 8, 2023 0:33:44 GMT -5
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GM
Feb 5, 2019 13:39:44 GMT -5
Post by Deleted on Feb 5, 2019 13:39:44 GMT -5
Quote; Unifor, a Canadian autoworkers' union, paid for 33 seconds for an ad that denounced U.S. automaker General Motors Canada for planning to close its Oshawa, Ontario, plant by the end of 2019. The action will eliminate about 2,600 jobs.
Quote; T he ad, named "GM Leaves Canadians Out in the Cold," called the automaker greedy and "un-Canadian." It urged customers to boycott several Mexican-built GM models in an attempt to save the Oshawa plant, which built the Chevrolet Equinox model before production was moved to Mexico in 2017.
Quote; Before the game, General Motors Canada urged the union to cease "publication of the ad," which has been posted to YouTube since Jan. 21. The cease-and-desist letter from GM called the ad false and misleading, and says GM Canada repaid its loans in full in 2009.
"Since 2009, GM Canada has contributed over $100 billion to the Canadian economy, including $8 billion invested into worker pensions," it said. www.upi.com/Top_News/World-News/2019/02/04/Super-Bowl-ad-critical-of-GM-causes-stir-in-Canada/4951549304676/
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Deleted
Joined: Jun 8, 2023 0:33:44 GMT -5
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GM
Feb 5, 2019 13:43:22 GMT -5
Post by Deleted on Feb 5, 2019 13:43:22 GMT -5
Since GM is a publicly traded company and is beholden to it's stockholders, seems like Mexico was the better deal this time in regards to cost.
Unions take note in these free trade agreements.
Free trade is just that.
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