GM Invests In Canada
General Motors has a fairly heavy stake in Canada, with numerous facilities that give birth to some of their most popular vehicles. With plenty of innovations and technologies calling the country home, the General recently made a long-term commitment to its research and development. By 2016, an approximate total of $850 million will be put into GM Canada to not only strengthen the automaker itself but the partnerships that it has created while in The Great White North.
“General Motors of Canada has made great strides since 2009 when our Government pledged its support to help it restructure. We are encouraged that, thanks in part to that support, GM is now making important investments in the future of the auto sector and manufacturing in Canada,” said Canadian Prime Minister Stephen Harper. The investment will allow GM to take full advantage of Canada’s expertise in certain technologies. One of the main driving forces behind the plan is to develop light-weighting materials, mechatronics and electronics. On top of that, the R&D capacity inside the country will be used to the fullest and GM will be working with a variety of suppliers so that just the right bits and pieces can be found on future products.
Source: General Motors
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