GM to build Buick Regal sedan in Oshawa(With US Tax Dollars) [View All]

[Craftsman]

TORONTO - General Motors Co. confirmed Wednesday it will build the Buick Regal sedan at its Oshawa, Ont. assembly plant just east of Toronto, one of five vehicles the automaker committed to producing in Canada under the terms of a $9.5-billion US aid package that helped it avoid liquidation.

The new car, together with the Chevrolet Camaro sports coupe, Equinox SUV and GMC Terrain, fill out the new vehicle lineup GM agreed to build in Canada under deals inked with the federal and Ontario governments. A fifth vehicle, which sources say is a new luxury stretch sedan called the Cadillac XTS, will be named at a later date.

GM said it will start initial production of the Regal in the first quarter of 2011. The Regal is a mid-sized family car essentially identical to GM's Opel Insignia model sold in Europe. A jury of 59 senior automotive journalists named the Insignia 2009 car of the year in Europe, the first time in 22 years that a GM model was awarded the prize.

The decision by GM directors earlier this month to keep control of the Opel business instead of selling a majority stake as planned to Magna International Inc. and Russian partner Sberbank will help the automaker in the years ahead as it uses Opel as the engineering source for more car models, said industry analyst Joe Phillippi.


http://www.canada.com/build+Buick+Regal+sedan+Oshawa/2265737/story.html