GM closed its Holden factory in Australia on Friday, ending more than a century of car manufacturing in the country. Hundreds of workers will be left jobless, just weeks after Toyota shut a plant in neighboring Victoria state, where Ford closed two sites last year.
Union workers at a GM plant in Ingersoll, Ont., have ratified a new contract, ending a four-week strike that threatened to pinch sales of the Chevrolet Equinox. A total of 86 percent of members who cast ballots favored the four-year deal, sending employees back to work at 7 p.m. ET Monday for early startup, according to the Unifor union.