GM to shift Camaro production from Oshawa to Michigan
Ottawa and Ontario contributed $13.7 billion to help bail out automaker
OSHAWA, Ont. - General Motors is moving production of the next version of its Camaro sports car from its Oshawa operation in Ontario to a plant in Michigan.
In a statement, General Motors Canada said Wednesday that “lower capital investment and improved production efficiencies were key factors” in the move.
The current version of the Camaro is made at GM’s Oshawa flex plant, which employs some 2,000 people and also produces the Buick Regal.
The Canadian Auto Workers’ most recent contract with GM, which was ratified in September, guaranteed production of the Camaro in Oshawa only until the end of the current generation.
GM said the Camaro is the only rear-wheel drive vehicle assembled at Oshawa.
Production of the new Camaro will be consolidated with the production of Cadillac CTS and ATS, also rear-wheel drive vehicles, in Michigan in a bid to improve efficiency.
GM recently invested $185 million in connection with the launch of new versions of the Cadillac XTS and Chevrolet Impala, which will be built in Oshawa.
The U.S. automaker also said it will add a third shift in connection with the new Impala.
The consolidated line in Oshawa will continue to produce the current generation Chevrolet Impala and Equinox until June 2014.
GM said it will continue to meet production targets agreed to with the federal and Ontario governments in 2009.
Ottawa and Ontario contributed $13.7 billion to help bail out North American automakers GM and Chrysler more than three years ago and combined own about nine per cent of GM’s common shares.