Categories:
By
Derek Kreindler on March 8, 2013
GM announced a $250 million dollar investment for the CAMI plant in Ingersoll, Ontaro. CAMI is the main production site for the Chevrolet Equinox and GMC Terrain (also known as the Theta crossovers), two of GM’s best selling models, and the investment comes amid uncertainty over the fate of CAMI itself.
(Read More…)
By
Derek Kreindler on February 11, 2013
CAW members at GM’s CAMI plant in Ontario have voted to begin negotiating their contracts as early as this week after a vote by workers. At stake is the production of the GMC Terrain and Chevrolet Equinox, two popular crossovers that may have their production moved to Mexico or the United States.
(Read More…)
By
Derek Kreindler on January 21, 2013
The cost of doing business in Canada may be high for auto makers, but that isn’t stopping GM from looking to re-negotiate their contract with the CAW nearly a year in advance as a means of keeping production of the Chevrolet Equinox and GMC Terrain at the CAMI plant in Ontario.
(Read More…)
By
Edward Niedermeyer on December 8, 2009
Rumors of a VW-Suzuki tie-up were first floated on these pages by Bertel Schmitt, who reported that VW might be after a ten percent stake in the Japanese firm last summer. And with news last week that GM was buying out Suzuki’s stake in CAMI, the momentum seemed to be building. Well, Reuters reports that Volkswagen could announce that it’s taking a 20 percent stake in Suzuki, a deal valued at $2.8b, as soon as this week. Another source tells Reuters that the VW stake could become a 33 percent plus controlling interest in the future.
(Read More…)
By
Bertel Schmitt on December 4, 2009
What, GM actually has the money to BUY companies? Suzuki says they want sell the whole shebang in their 50:50 joint venture in Canada to their JV partner, General Motors, says the Nikkei [sub]. That would be the end of a more than 20-year marriage.
(Read More…)
Recent Comments
MrWhopee - Hi Marcello! No, I haven’t driven it. It’s being marketed quite aggressively here (with shows in lots of malls and other...
thelaine - Taxpayers lose $15 billion in loss carry forwards (sweetheart tax benefits they are not entitled to because they went bankrupt), $11.5 billion in the bailout of GMAC,...
Moparman426W - Being the owner of 2 70′s mopars myself, I can tell you that pretty much all normal wear items such as starters, fuel pumps, brake parts, tuneup parts, you...
thelaine - Agreed. It is a nightmare.
-Nate - _NOT_ . The whole point of importing it is to drive it and you’ll never get tags & title on one imported as parts . BT ,...
Marcelo de Vasconcellos - true nowadays. That however doesn’t mean they can’t. Over different moments in time the Pallo family, the...
-Nate - I’m so pleased to see I’m not the only one who saw the similarity to the Chevrolet Citation X Car and who also thinks those could have been...
PonchoIndian - I have done it. Whuffo, Oil and lube every 4K miles Spark plugs every 30K and that has been it, other than that it has been dead reliable. 74 Firebird, was a...
Marcelo de Vasconcellos - good morning. Yes I remember that report and i believe it was written due to the fact the brazilian fox was cutting off...
Buckshot - A stretched Volvo is not exactly unique, but i live in Sweden. http://www.google.se/imgres?im gurl=http://upload.wikimedi...