Posted by & filed under Economic Analysis, Financial analysis, Growth & Valuation, Industry Analysis.

Description: Employment at General Motors of Canada Ltd., once the biggest employer by far in the auto sector in Canada with more than 40,000 workers, will fall to about one-fifth that number by next June when it ceases production on one of two assembly lines at its Oshawa, Ont., plant.

Source: GlobeandMail.com

Date: June 01, 2012

Link: http://www.theglobeandmail.com/globe-investor/gm-plant-closing-in-oshawa-absolutely-sickening/article4225011/

Questions for Discussions:

  • What is the financial condition of GM Canada and the North American auto industry in general?
  • What metrics did you consider that are mentioned in the report?
  • Which is the most significant?
  • What would you advise the company, union members, and government do under the current situation?
  • Do you believe there is a race to the bottom of the wage rate?

 

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