gm commits to build more cars in canada
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

GM commits to build more cars in Canada

Arab Today, arab today

Arab Today, arab today GM commits to build more cars in Canada

Ottawa - Arabstoday

General Motors announced on Friday a C$68 million (Dh240.42 million) investment in an Oshawa assembly plant assigned to share building of its next-generation Chevrolet Impala car. The plant had already received a C$117 million infusion in August to build the American car company\'s new Cadillac XTS starting next year. The combined investments will create or retain approximately 750 jobs, and bring GM\'s commitment to build new vehicles in Canada to five [different models], according to the company. Recovery Article continues below \"This marks an important step forward in GM\'s recovery and underscores the continued strengthening of the North American auto sector,\" Canadian Finance Minister Jim Flaherty said in a statement. Last year, Canada sold nearly 20 per cent of its stake in General Motors, or 30.5 million shares, obtained as part of a government bailout of the auto sector in 2009. The US government had contributed $50 billion in emergency funds to GM while Ottawa and the province of Ontario provided C$9.5 billion to help the company stay afloat. Stock sale Canada and Ontario raised almost C$1.2 billion in the stock sale, drawing down their combined stake in the company from 11.7 per cent to about 9 per cent. GM\'s Oshawa plant recently launched the Buick Regal, Chevrolet Camaro Convertible and Chevrolet Equinox, adding two new shifts. Its Detroit-Hamtramck assembly plant will also build the new Impala, expected to be a hot seller.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gm commits to build more cars in canada gm commits to build more cars in canada

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gm commits to build more cars in canada gm commits to build more cars in canada

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 01:41 2017 Saturday ,12 August

Moroccan video sparks debate on sexual harassment
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday