GM to close Canadian plant, but that’s just the beginning

National News

November 26, 2018 - 10:53 AM

DETROIT (AP) — General Motors is closing a Canadian plant at the cost of about 2,500 jobs, but that is apparently just a piece of a much broader, company-wide restructuring that will be announced as early as today.

(Update: GM has announced it will close five plants and two factories, laying off up to 14,000 workers in the United States and Canada.)

A person briefed on the matter told The Associated Press that the plant being shuttered in Canada is just the beginning as GM prepares for the next economic downturn, shifting trade agreements under the Trump administration, and potential tariffs on imported automobiles.