GM's slippery drive to prosperity
Article Abstract:
General Motors Corp.'s (GM) assembly plant in St. Therese, Quebec, Canada, is anticipated to halt production on Jun. 19, 1998 due to the escalating dispute between the automaker and the United Auto Workers. Around 1,500 St. Therese workers will be sidelined by the shut down and will be joining around 5,000 workers from two car plants in Oshawa, Ontario, Canada, that went out of work because of strikes at two GM plants in Flint, MI. The St. Therese plant will also become the latest plant to close due to the strikes in Michigan, US, which already closed 21 of the GM's 31 car and truck assembly plants in the US, Canada and Mexico.
Comment:
Assembly plant in St Therese, Quebec, Canada, is expected to halt prodn on 6/19/98 due to escalating dispute between co & UAW
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
More layoffs to hit GM Canada plants in Quebec, Ontario
Article Abstract:
General Motors of Canada Ltd. will layoff workers at its assembly plant in Ste-Therese, Quebec, Canada, engine plant in St. Catharines, Ontario, Canada, and transmission plant in Windsor, Ontario, Canada. The layoffs will affect 700 people in Quebec, around 1,400 in Windsor and a little over 900 in St. Catharines. The strike at two General Motors Corp. (GM) parts plants in Flint, MI, caused the layoffs in Canada. The strike has already affected almost 90% of GM's production of cars and trucks in North America.
Comment:
Will layoff workers at its plants in Ste-Therese, Quebec, Canada, St. Catharines, Ontario, Canada, & Windsor, Ontario, Canada
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
New Magna IPO set for Monday
Article Abstract:
Automotive parts maker Magna International Inc is spinning off via an initial public offering a company that will hold its racetrack, leisure and real estate investments. Magna will own most of the newly formed company but will not make investments in the new company in the next seven years. Magna and its CEO Frank Stronach came under criticism in recent years for using the profits generated from auto parts in non-automotive ventures.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Manulife seeking merger partner. Manulife delays plans for going public. Manulife share buyback approved
- Abstracts: Ipsco plans new U.S. mill. Goodyear adding 400 jobs at plant in Quebec. Deals put Magna in SUV driver's seat
- Abstracts: CP Hotels buying seven Princess resorts. Marriott plans rapid Canadian expansion. Grand Bay goes face to face with Four Seasons
- Abstracts: Woodbridge says payment on Bay receipts tendered. Cott to split operations into U.S., Canadian. U.S. buyout firm acquires Cott stake
- Abstracts: Oshawa Group's Wolfe family at crossroads. Heller leads Zellers to a new retailing style. Shakeup at Oshawa Group