GM Closing Plants

[Keith Tedford]

It was pointed out in an earlier post that the Orion plant is going three shifts for the G6 and Malibu. People will still be buying vehicles, just smaller, more fuel efficient ones. Plants can't switch building product as quickly as these new gas prices came upon us. I think that pretty well everyone old enough to be pensioned off is gone already. I know guys in their early fifties taking the buyout and going. Not many in a good enough financial state to leave at that age. Most still have kids in school and a mortgage. It appears that GM of Canada signed a new agreement with the CAW two weeks ago knowing full well that they had no intention of honouring it. It's going to be interesting.