General Motors Canada

General Motors of Canada Company (French: La Compagnie General Motors du Canada), commonly known as GM Canada, is the Canadian subsidiary of US-based company General Motors. It is headquartered in Oshawa, Ontario, Canada.

After the 2008 financial crisis, GM Canada received a combined loan commitment of CA$3 billion of financial assistance from the federal and provincial governments amid declining sales. On November 26, 2018, GM announced the closure of its Oshawa plant, ending a century of automobile and related manufacturing operations in the city. On November 5, 2020, GM announced reopening of the Oshawa plant in January 2022 to produce GMC Sierra and Chevrolet Silverado trucks, hiring up to 2,500 workers.43°52′34″N 78°48′15″W / 43.876110°N 78.804253°W / 43.876110; -78.804253

GM Canada has historically been one of the largest and most powerful corporations in Canada, being listed as the third "largest" in 1975, and being comparable to several publicly traded companies such as BCE, George Weston Limited, and Royal Bank of Canada.

In 1907, the "McLaughlin Motor Car Company" was founded in Ontario by Samuel McLaughlin. The first year saw the sale of 154 McLaughlin cars.

McLaughlin and William C. Durant, respectively the biggest carriage builders in Canada and the United States, contracted for Durant's Buick to supply McLaughlin with power trains for 15 years. McLaughlin fitted the power trains to running gear, bodies, and chassis built by McLaughlin in Canada. The cars were branded McLaughlin until the end of the contract, thereafter branded McLaughlin-Buick between 1923 and 1942.

In 1908, Durant and McLaughlin started General Motors Holding Company after Durant exchanged $500,000 of Buick stock for $500,000 of McLaughlin Motor Co. stock. McLaughlin also exchanged his Buick stock for General Motors stock, and in 1910 was invited to be on the board of General Motors in Detroit.^{[citation needed]}

In 1915, Sam McLaughlin acquired the Chevrolet Car Company of Canada, which built Chevrolets in Oshawa with Chevrolet motors and McLaughlin bodies. In 1918, he merged his company with Chevrolet Canada under the name "General Motors of Canada Limited". McLaughlin was retained as president of the company, before becoming director and vice president of General Motors on the approval of Durant, who was then president of General Motors and owner of the Chevrolet Motor Co. The corporation moved people in 1918 after McLaughlin allied his company with the corporation unknown to Robert McLaughlin. The McLaughlins were given GM stocks for the propriertorship of the Canadian Company and $10,000,000 to build Walkerville and Canadian Products, but not ownership.

Between 1923 and 1942, McLaughlin's cars were branded McLaughlin-Buick. In 1942, when the production of automobiles was suspended for the Second Great War, the last McLaughlin-Buick was built. When production resumed, they were just "Buick".