GM CANADA CLOSING SHOP!?

[Salvatore]

Man Bill, That really is a depressing announcement. Maybe Keith T. has some insight on this too. Where do they want to go, Mexico? I hate hearing this!

[BJCHEV396]

WORD IS MEXICO OR THE U.S.

[Salvatore]

I feel real bad for you guys especially if Mexico is the destination! The US is good for us but bad for you. I hate to hear about ANYBODY loosing their jobs. Especially good working people.

[BJCHEV396]

THERE'S PROBABLY SOME TRUTH TO THIS RUMOUR BECAUSE THE HEAD OF THE AUTO WORKER'S UNION WAS ON T.V.HE'S IN A PANIC AND TRYING TO GET A MEETING WITH G.M.''RIGHT NOW!''.AND THE PREMIER OF THE PROVINCE OF ONTARIO WAS ALSO INTERVIEWED AND HE DID NOT SAY NO TO THEM MOVNG.I KNOW THAT THE NEW CAMARO IS TO BE BUILT HERE BUT NOTHING IS GUARANTIED THESE DAYS.WHO WOULD HAVE EVER THOUGHT THAT G.M. AND BANKRUPT WOULD BE IN THE SAME SENTENCE!

[Salvatore]

[70 copo]

link here: http://www.cbc.ca/money/story/2009/02/03/caw-gm.html

[BJCHEV396]

THANKS FOR THE LINK 70COPO.NO MORE TOUGH TALK FROM THE UNION HUH? TIMES HAVE SURE CHANGED!IF G.M.DOES CLOSE AND PULL OUT WHERE DOES THAT PUT THE NEW CAMARO?2013-14!?

[70 copo]

Not in my garage anytime soon.

[Keith Tedford]

Chris Buckley is talking a little more interested in doing a wage and benefits deal now. I don't think GM needs GM of Canada as much as we need them, especially right now. I was told that if they all worked for free, a $50K truck might drop in price by about $4500. That isn't going to save GM, but If everyone from the top to the bottom gives a little, something might just get worked out. I think that the real problem is that all the jobs have gone to China, and now it is going to be the auto industry as well. You just can't compete with 1.3 billion slaves, unless you can figure out how to live on less that $1 per hour. The multinationals and the Communist Chinese government have a pretty cozy deal going and it is destroying our economies. Check this out.
http://en.autos.sympatico.msn.ca/new...entid=17439761

Just a little side note. The Camaro line workers were called back in early November. It usually takes a couple of months to get everyone trained and up to speed on jobs. Lots of little problems to work out on equipment that needs reworking to run smoothly. The cars must showing up on dealers' back lots by now unless there are a lot of them sitting in Oshawa.

[bergy]

So sorry to hear the news Bill. The GM contraction is unbelievable. I remember back when the Oshawa casting plant was the best foundry in GM - then they closed it. Now this. Believe it or not - Mexico is in worse shape then US or Canada. We have a plant in Monterrey.