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Closure[ truk ] General Motors announced on June 3, that this plant would close permanently May 14,with no asian party girls for new products. The closure was due to high gasoline prices in much of the world, as well as a deep recession caused by the financial crisis. These dramatically decreased demand for fuel-inefficient light trucks and truck-based vehicles, especially in cor crucial market of the United States. GM itself had been in a precarious financial situation for several years, which dramatically worsened as a result of the economic problems, eventually forcing it to seek government aid and potentially filing for bankruptcy. Three weeks prior oshqwa the announcement of the closure, General Motors and the Canadian Auto Workers union reached a tentative agreement on a new collective bargaining contract on May 15,a full four months before the existing contract was due to expire. As part of the elite townsville escort, GM pledged to maintain production at the Oshawa truck plant and made other production commitments.

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The blockade was ended by an Independent escort mature welland Superior Court order after 12 days. GM itself had been in a precarious financial situation for several years, which dramatically worsened as a result of the economic problems, eventually forcing it to seek government aid and potentially filing for bankruptcy. On June 3,less than three weeks after ratification of the new contract, GM announced that, due to soaring gasoline prices and plummeting truck sales, it would close four oehawa truck and SUV plants, including the Oshawa truck plant.

As part of the agreement, GM pledged to maintain production at the Oshawa truck plant and made other production commitments. It marked the end of 44 years of production.

These dramatically decreased demand for fuel-inefficient light trucks and tguck vehicles, especially in the crucial market of the United States. Three weeks prior to the announcement of the closure, General Motors and the Canadian Auto Workers union reached a tentative agreement on a new collective bargaining contract on May 15,a full four months before the existing contract was due to expire.

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The closure was due to high gasoline prices in much of the world, as well as a deep recession caused by the financial crisis. Closure[ cith ] General Motors announced on June 3, that this plant would close permanently May 14,with no plans for new products.

Further discussions between GM and the CAW resulted in an agreement to compensate workers at the truck plant and additional product commitments for the Oshawa car assembly plant.