"GM to make reborn Camaro in Canada"

[Craigon69]

It's been a while since I've had a post so figured I'd post this article for discussion... Just ran across it, so sorry if it's already on the forum...



http://today.reuters.com/news/articl...&from=business

===
TORONTO (Reuters) - General Motors Corp. (GM.N: Quote, Profile, Research) said on Monday it will make the latest version of its legendary Chevrolet Camaro muscle car at its major Canadian plant just outside Toronto, a decision that will save thousands of jobs at the facility.

The automaker said production of the Camaro, which was GM's main muscle car from 1967 to 2002, will begin in late 2008 at Oshawa, Ontario, about an hour's drive east of Toronto. The new Camaro is set to arrive in showrooms by early 2009.

GM Canada's Oshawa workers, members of the Canadian Auto Workers union, agreed earlier this year to 2,500 early retirements to trim costs at Oshawa to help secure production of the Camaro. The Oshawa facility has been judged one of GM's most efficient and highest-quality assembly operations.

One of GM's two car-assembly plants at Oshawa had been due to close in 2008. It will now remain open, saving about 2,700 jobs. It will also undergo a C$740 million ($661 million) makeover to install what GM Canada called a state-of-the-art flexible production line capable of producing different vehicles.

"The Oshawa car plant has been selected as the plant to manufacture one of GM's most celebrated new vehicles, the Chevrolet Camaro," Arturo Elias, who took over as president of GM Canada on August 1, said in his announcement.

GM discontinued production of the Camaro in 2002 when it closed its Ste. Therese plant, just north of Montreal, a decision that put about 1,000 employees out of work.

The Camaro rebirth follows the re-make of Ford Motor Co.'s (F.N: Quote, Profile, Research) Mustang and DaimlerChrysler AG's (DCXGn.DE: Quote, Profile, Research) plan to resurrect its Dodge Challenger in 2008 as North American automakers turn to nostalgia to rekindle enthusiasm for their brands.
===