General Motors Canada 2019. 2019–Present Chevrolet Silverado 1500 and GMC Sierra 1500 (Oshawa Assembly) General Motors Canada General Motors of Canada Company (), commonly known as GM Canada, is the Canadian subsidiary of General Motors. It is headquartered at the Canadian Regional Engineering Centre in Oshawa, Ontario, Canada. In the aftermath of the 2008 financial crisis, GM Canada received a combined loan commitment of C$3 billion of financial assistance from the federal and provincial governments amid declining sales. McLaughlin Motor Car Company was founded in 1907. Samuel McLaughlin and William C. Durant, respectively the biggest carriage builders in Canada and the United States,
General Motors Chapter 11 reorganization was the only source of such debtor in possession funding, and that without the money from the loan General Motors would have no option but liquidation. Other motions in the first-day hearing included motions to approve payments to key suppliers and to employees and distributors who are in possession of goods manufactured for General Motors. All motions passed in court without substantial objection. The case schedule laid out by the court is as follows: General Motors auctioned off its assets in a section 363 sale. Because the price of these assets were very high, there was only one bidder in