Tuesday, 5 May 2015

GM Oshawa

Q114: By the end of 2016, will GM officially announce that it will close its Oshawa plant?
Yes: 40%
(A transfer to another company counts as a closure, as does an indefinite shut-down in production)

There is some speculation about the future of GM's Oshawa Car Assembly, given recent lay-offs and lack of investment in the plant.  GM has indicated that it will delay until 2016 before making a decision about new investments in the plant.

I think that the plant does not necessarily have a bright future, but it will probably survive 2016.  The risk of the plant seems to be more of a medium-term risk than a short-term risk.  GM will probably continue production, without necessarily making substantial new investments.

  

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