General Motors invests 63 million dollars in Ontario plant for next generation trucks

General Motors is investing 63 million Canadian dollars in its Oshawa plant to build next-gen gas trucks. The move proceeds despite ongoing trade tariffs.

Insights:
General Motors Company has announced a C$63 million investment in its Oshawa plant in Ontario, CA CACA, to support the production of its next-generation gas trucks. The announcement of this capital injection comes ahead of the scheduled launch of the new truck models later this year.
FILE PHOTO: A Canadian flag waves in a plaza near the GM Oshawa Assembly plant in Oshawa, Ontario, Canada on March 14, 2025. REUTERS/Carlos Osorio/File Photo
FILE PHOTO: A Canadian flag waves in a plaza near the GM Oshawa Assembly plant in Oshawa, Ontario, Canada on March 14, 2025. REUTERS/Carlos Osorio/File Photo
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