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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.
The company received $33 billion in debtor-in-possession financing to complete the process. [5] GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury.
CAMI Assembly (formerly CAMI (Canadian Automotive Manufacturing Inc.) Automotive) is an assembly plant wholly owned by General Motors Canada.The plant occupies 570 acres (230 ha) and has 1,700,000 square feet (157,900 m 2) of floor space of which 400,000 square feet (37,161 m 2) was added in 2016, [2] as part of a $560 million investment.
Taken over by GM in 1929. Permanently closed in 2010 as part of GM's restructuring plans. All operations were transferred to St. Catharines Propulsion Plant. The components factory was demolished in 2016 and the site will be re-developed for mixed-use residential and commercial development. St. Catharines Foundry: St. Catharines, Ontario: Canada
Polymer Corporation – sold to NOVA Corp and then Bayer AG. Radio Shack (Canadian division) – electronics store. Seagram – spirits and wine. Target Canada – closed because of a $2.1 billion loss for Target Corporation. Terra Transport. Towers Department Stores – department store chain; acquired by Zellers.
5,100,000 sq ft (470,000 m 2) [ 1 ] Address. 900 Park Rd S Oshawa. Owner (s) General Motors Canada. Website. gm.ca/oshawa. Oshawa Assembly (also known simply as GM Oshawa) is a manufacturing facility in the city of Oshawa, Ontario, Canada, that built various automobiles for General Motors Canada. Vehicles were primarily produced for the US ...
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
On December 20, the governments of Canada and Ontario offered $3.3 billion in loans to the auto industry. Under the plan GM was to receive $3 billion and Chrysler was to receive the rest. Ford only asked for a line of credit but did not be participating in the bailout. [15]