Automobilindustrie: GM plant Milliarden-Investition in Kanada

General Motors, the US automobile manufacturer, plans a billion-dollar investment in Canada, according to a preliminary agreement with the Unifor labor union, a report from the union revealed on Saturday. The money is earmarked for assembling heavy-duty pickups at a plant in Ontario. This investment comes at a time when the Canadian automotive industry is struggling with 25% US tariffs, which US President Donald Trump has threatened to double to 50% on January 1, 2027.

The agreement still needs approval from the roughly 4,600 union members who will vote on Saturday and Sunday. GM plans to invest 144 million Canadian dollars in the production of the next generation of the heavy-duty pickup GMC Sierra at a plant in Oshawa. The company also assured that it will not sell or close a second assembly plant in Ingersoll, Ontario, for now.

The fate of Canadian automotive plants has become a central issue in the stalled trade negotiations between the US and Canada. Ottawa has declared that it would not agree to any trade deal with the US that does not ensure the survival of a strong Canadian automotive and supply chain industry. More: Canada: Retaliatory tariffs against the US of up to 50%.