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.
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Famous quotes containing the words canada, general and/or motors:
“In Canada an ordinary New England house would be mistaken for the château, and while every village here contains at least several gentlemen or squires, there is but one to a seigniory.”
—Henry David Thoreau (18171862)
“We all have known
Good critics, who have stamped out poets hopes;
Good statesmen, who pulled ruin on the state;
Good patriots, who, for a theory, risked a cause;
Good kings, who disembowelled for a tax;
Good Popes, who brought all good to jeopardy;
Good Christians, who sat still in easy-chairs;
And damned the general world for standing up.
Now, may the good God pardon all good men!”
—Elizabeth Barrett Browning (18061861)
“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)