Motors Co: Bus Terminal and Oil Sector

motors co: It came on the heels of an emerging crisis in the oil sector, which is struggling with plunging prices and transportation bottlenecks, according to The Toronto Star. General Motors murals decorate a bus terminal in Oshawa on November 28, 2018. General Motors Co.'s announcement Monday that it plans to pull production from its plant in Oshawa, east of Toronto, raises concern about the auto industry's viability in Canada. The company's announcement to close its Oshawa plant came on the heels of an emerging crisis in Canada's oil sector. So their troubles are a reminder there are no guarantees the economy will be able to pull off a smooth transition to a business-led expansion as consumers begin to tap out. Steve Russell / Toronto Star Combined, the energy and automotive industries generate almost one quarter of Canadian export receipts. (news.financializer.com). As reported in the news.