September 4, 2002
GM and Suzuki to invest $500 million in CAMI plant to build 2005 Chevrolet Equinox
Ingersoll, Ontario – General Motors of Canada and Suzuki Motor Corporation announced that their CAMI joint venture plant in Ingersoll, Ontario will invest more than $500 million to bring a new compact sport utility vehicle to the plant. The Chevrolet Equinox will debut in 2004 as a 2005 model.
CAMI is a 50-50 joint venture between GM of Canada and Suzuki Motor Corporation. It currently assembles Chevrolet Tracker and Suzuki Vitara sport-utility vehicles.
“This investment is a tribute to the ability of the people that work at the plant,” said Michael Grimaldi, president of GM Canada. “CAMI has been a world class manufacturing facility since day one and with this announcement it will continue to do so for a long time.”
Jerry Gillespie, vehicle line executive for GM International and Joint Venture Programs said, “We are very pleased that the Equinox, an all-new Chevrolet compact SUV, will be built at CAMI. CAMI has earned a reputation as one of the most efficient sport-utility assembly plants in North America.”
Canadian Auto Workers union president, Buzz Hargrove said, “This investment is good news for all CAW members. We are very pleased that GM and Suzuki have recognized the efforts of its workers and have committed to continued employment at CAMI.”
The Honourable Jim Flaherty, Minister of Enterprise, Opportunity & Innovation for Ontario said, “This is tremendous news for the province. An investment of this magnitude will contribute significantly to Ontario’s growing economy. Our government values auto manufacturers like CAMI for their contribution to our quality of life and standard of living.”
The Chevrolet Equinox was designed at the GM Design Studios in Warren, Michigan. It’s based on GM’s Theta architecture, which is the same architecture as the Saturn VUE. GM Canada’s Regional Engineering Centre in Oshawa, Ontario has been selected as the Lead Engineering Centre.