1. Canadian auto industry faces biggest existential threat since 2009 crisis as labour talks begin

    TORONTO — The Canadian auto industry is facing its biggest existential threat since the 2009 crisis, with the future of at least three plants at risk as autoworkers gear up to begin labour negotiations this week.

    Unifor, which represents more than 6,000 Canadian autoworkers, will open talks with General Motors of Canada on Wednesday and with Ford Motor Co. of Canada and Fiat Chrysler Automobiles (FCA) Canada on Thursday. The existing contracts expire on Sept. 19 and the union is already talking openly about the possibility of a strike.

    Read Full Article
  1. Categories

    1. Industry Channel:

      Automotive, Environment & Sustainability, Events, Executive News, Industry Statistics, Product News, Raw Materials, Rubber & Plastics, Tire Care & Shopping, Tire Stewardship, Transportation & Infrastructure

    1. During the '08-'09 crisis, we were debating about keeping the companies alive on both sides of the border … there wasn't a fear at the time of them choosing some operations over another.
    2. I'm convinced that they have no interest in investing, therefore to sign an agreement without forcing it would be irresponsible.
    3. We look at the union negotiations as a first hurdle in making our business case, but the business case would also require us to address a number of macroeconomic factors, public-policy factors, supply-base issues … to be able to make a final decision (on Oshawa).
    4. We have to make sure we don't go for the big (wage) increase, make sure we don't start to pass on the liabilities to employees.
  3. Topics Mentioned