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General Motors (GM) Stock: GM Just Bet Big on Canada With Tariffs Bearing Down

By Trader Edge at 2026-09-14 06:03

Sentiment: Positive

TLDR GM has reached a tentative deal with Unifor to invest C$1.1 billion ($791 million) in Canadian operations, covering plants in Oshawa, St. Catharines, and Ingersoll. The investment includes bringing next-generation GMC Sierra heavy-duty pickup production to Oshawa and a new transmission line starting in late 2029. Canada’s auto sector faces 25% U.S. tariffs now, [...] The post General Motors (GM) Stock: GM Just Bet Big on Canada With Tariffs Bearing Down appeared first on CoinCentral. Continue reading...

Categories: Stocks

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