Two different news in vehicle industry hit me today. The first one says GM will close many facilities in North America which results in 173,000 job cut including its plant in Oshawa. There has been news about huge loss of the three giant vehicle manufacturer of the US, Ford, GM and Chrysler in last few month, partly because of high gasoline price.
Meanwhile Chrysler confirmed a new $768 million investment in its Canadian facilities including Windsor, expanding a paint shop in there.
So what does these two different stories indicate is what I have no clue!
Meanwhile Chrysler confirmed a new $768 million investment in its Canadian facilities including Windsor, expanding a paint shop in there.
So what does these two different stories indicate is what I have no clue!
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