GM Will Shift Buick Regal Production To Oshawa
Last week, General Motors officially announced that the 2011 Buick Regal would be added to the Buick line up next Spring, a four cylinder model based on the Opel Insignia. Slotting below the Buick LaCrosse, the all new Regal will be built initially in Germany for export to the United States and Canada.
2011 Buick Regal
Weak Dollar
On Wednesday, GM announced that starting in the first quarter of 2011 North American production of the Buick Regal would commence, as the automaker will tap its Oshawa, Ontario facility in Canada to build the car. That quickly answers a concern raised soon after the Regal announcement – export costs and a weak US dollar would drive up the cost of the sedan.
“The new Regal gives Buick a modern performance sedan and its production here in Oshawa is terrific news for our employees, the CAW, dealers and suppliers,” says Arturo Elias, president, General Motors of Canada. “Combining Buick’s top position in the industry in terms of brand quality with the Oshawa Car Plant’s long-standing reputation for top quality assembly means customers’ highest expectations will be met with this midsize sport sedan.”
Expanding Production
Word that the Regal will be built in Oshawa is welcome news to the Canadian Auto Workers (CAW) and its union as Oshawa currently builds the popular Chevy Camaro sport coupe there as well as the GMC Terrain and Chevy Equinox compact crossover models.
Beginning about the same time as when Regal production starts, GM will also launch production of the long awaited Chevy Camaro convertible.
When GM received Canadian and Ontario government financial assistance this past summer, one of the requirements that these entities made in exchange for loans was for GM to build five different models in Oshawa. The Buick Regal is the fourth model that will be built there with a fifth model to be named at a later date.
GM employs 9,000 people directly in Canada with tens of thousands of additional jobs from suppliers and area businesses also dependent on the automaker’s success.
Source: General Motors
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