General Motors Canada 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, contracted for Durant's Buick to supply McLaughlin with power trains for
General Motors Dutch automaker Spyker, and emerged from a government-backed Chapter 11 reorganization. In 2010, the reorganized GM made an initial public offering that was one of the world's top five largest IPOs to date, and returned to profitability later that year. Based on global sales, General Motors is routinely among the world's largest automakers. Headquartered at the Renaissance Center in Detroit, GM employs approximately 180,000 people around the world. In 2009, General Motors sold 6.5 million cars and trucks globally; in 2010, it sold 8.39 million. , Mary Barra is the chief executive officer (CEO) and chairman of the board and