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Home arrow News arrow Plant Closure Sparks Protest
Plant Closure Sparks Protest Print E-mail
Written by Kaveh Khazra   
Wednesday, 04 June 2008
TORONTO, ON – June 4, 2008 -- The food chain teaches us a very important life lesson – if the primary producer in the chain becomes extinct, others will face dire times as a result.

Yesterday’s news did not sit easily in the minds of Canadian GM employees – and it shouldn’t sit well with the collision repair industry either.

On Tuesday, GM announced that four North American truck assembly plants – including one in Oshawa – would be closed due to rising fuel prices and a dwindling demand for gas-guzzling trucks.

Disgruntled GM employees formed a roadblock in front of GM’s Canadian headquarters this morning in protest of the coming closure. Although it is said that more than 1,000 jobs will be lost, it is likely that other industries like collision repair will be affected as well.

Although recent studies have shown an increase in automotive sales, production of vehicles in Canada has decreased. As the major automakers fail to comply with the needs of their customers, the affect it will have on adjacent industries may be critical.
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Last Updated ( Thursday, 05 June 2008 )
 
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