As first announced in December 2012, GM Canada confirmed yesterday that it will stop producing the Chevrolet Camaro at its Oshawa assembly plant on November 20th, 2015. The Camaro has been manufactured in Ontario since 2008.
This decision will result in nearly 1,000 workers losing their job in Oshawa. In order to minimize employment impacts and align to market demand, the automaker will begin a voluntary retirement program. Right now, 2,100 of the 3,600 hourly workers at the plant are eligible for the retirement incentives.
After November 20th, five different models will continue to be assembled in Oshawa including the Chevrolet Impala, Buick Regal and Cadillac XTS on the Flex assembly line, as well as the Chevrolet Equinox and Impala Limited on the Consolidated line.
Restructuring the Oshawa plant in the wake of the Chevrolet Camaro's departure will cost GM Canada about $200 million.
As previously reported, the next-generation Camaro will be built in Lansing, Michigan.