Company type | Subsidiary |
---|---|
Industry | Automotive |
Predecessor | McLaughlin Buick |
Founded | 1918 |
Founder | General Motors |
Headquarters | 1908 Colonel Sam Drive Oshawa, Ontario L1H 8P7 |
Key people | Kristian Aquilina (President) |
Products | Automobiles Engines |
Brands | |
Revenue | $31.675 billion (2007) |
Number of employees | 5271 (2021) |
Parent | General Motors |
Website | gm.ca |
General Motors of Canada Company (French: La Compagnie General Motors du Canada), commonly known as GM Canada, is the Canadian subsidiary of US-based company General Motors.[1] It is headquartered in Oshawa, Ontario, Canada.
In the aftermath of the 2008 financial crisis, GM Canada received a combined loan commitment of CA$3 billion of financial assistance from the federal and provincial governments amid declining sales.[2] On November 26, 2018, GM announced the closure of its Oshawa plant, ending a century of automobile and related manufacturing operations in the city.[3] On November 5, 2020, GM announced reopening of the Oshawa plant in January 2022 to produce GMC Sierra and Chevrolet Silverado trucks, hiring up to 2,500 workers.43°52′34″N 78°48′15″W / 43.876110°N 78.804253°W