GM INVESTS $117 MILLION IN OSHAWA ASSEMBLY PLANT

By General Motors of Canada - General Motors will invest $117 million to prepare the Oshawa Assembly Plant to build the all-new Cadillac XTS, creating or retaining 400 jobs on the Flex Line.

"This investment further extends the capabilities of the award-winning Oshawa Assembly Plant and pays compliment to the achievements of its dedicated workforce, one that consistently strives for excellence," said Kevin Williams, president and managing director of General Motors of Canada. "Adding the Cadillac XTS affirms GM's commitment to a strong manufacturing base in Canada, ensuring Oshawa will have a critical role in the ongoing transformation of Cadillac.

The Oshawa Assembly Plant has undergone major changes in the last year having added the Chevrolet Equinox, the Chevrolet Camaro Convertible and the Buick Regal. These expansions resulted in the addition of two new shifts and 1,300 employees. The Oshawa Assembly Plant also builds the Chevrolet Camaro and Chevrolet Impala, and employs over 4,500 people combined.

"Having added three new products, two new shifts, and hundreds of new employees this past year, Oshawa has undergone tremendous changes," added Dan Hermer, plant manager at the Oshawa Assembly Plant. "Our employees have successfully turned each one of these challenges into successes, and this investment demonstrates GM's continued vote of confidence in our facility, employees and our ability to execute outstanding product launches."

The Cadillac XTS is being designed to compete and win against the finest luxury cars. It takes a new, modern approach to the large luxury sedan, combining high-tech electronics and engaging driving dynamics in a car that is also elegant and spacious.

First shown as the Cadillac XTS Platinum concept car last year, the final production model Cadillac XTS will be revealed in the coming months. Production is planned to start in the first half of 2012.