General Motors Canada
General Motors of Canada Limited (GM Canada) (French: General Motors du Canada Limitée) is General Motors' Canadian subsidiary. Its national headquarters office, Canadian Regional Engineering Centre, and main manufacturing plants are located in Oshawa, Ontario. GM Canada is 100% owned by GM.
As of Apr. 24, 2009, GM Canada has received a combined loan commitment of C$3 billion from the Canadian and Ontario governments to help it deal with major financial problems amid falling sales.
Famous quotes containing the words general, motors and/or canada:
“The general interest of the masses might take the place of the insight of genius if it were allowed freedom of action.”
—Denis Diderot (17131784)
“When General Motors has to go to the bathroom ten times a day, the whole countrys ready to let go. You heard of that market crash in 29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, Whats General Motors got to be nervous about? Overproduction, I says. Collapse.”
—John Michael Hayes (b. 1919)
“I fear that I have not got much to say about Canada, not having seen much; what I got by going to Canada was a cold.”
—Henry David Thoreau (18171862)