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[Shelbymustang] Not Shelby but Chevy

Discussion in 'Shelby Mustang List' started by Dan Drury, Aug 23, 2006.

  1. Dan Drury

    Dan Drury Guest

    TheCarSource.com Shelby Mustang List
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    GM Factory in Ontario to Build New Camaro

    A WALL STREET JOURNAL NEWS ROUNDUP
    August 22, 2006; Page D4


    OSHAWA, Ontario -- General
    <http://online.wsj.com/quotes/main.html?type=djn&symbol=gm> Motors Corp.
    announced it will build the new Chevrolet Camaro at its No. 2 plant in
    Oshawa, just east of Toronto.

    The move came after the Canadian Auto Workers union agreed to 2,500 early
    retirements to reduce costs at the plant to win the right to make the car.
    The plant was scheduled to close in 2008 but now will stay open, saving
    about 2,700 jobs.

    The company said it plans to revive the muscle car in 2008, with models
    reaching showrooms in 2009. GM stopped making Camaros in 2002. The auto
    maker hopes a new Camaro will attract younger buyers and appeal to its
    traditional customers who want to roar down the highway.

    Separately, GM spokeswoman Adria MacKenzie said GM will continue running
    three shifts at one of its car assembly lines in Oshawa, after the company
    decided earlier to remove a shift because of slower sales of certain models.

    GM said in November that it would remove the third shift in the second half
    of 2006 under a broader North American capacity-reduction plan. However,
    strong demand for the Chevrolet Impala has the company reversing the
    decision.


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