The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

OAKVILLE BEAVER Wednesday, June 3, 2009 · 18 GM Canada restructuring plan is approved GM Canada prepares to launch 5 new vehicles to maintain GM as one of Canada's largest vehicle manufactures Carguide Magazine Metroland Newspapers Oshawa, ON, - On June 1, General Motors of Canada Limited announced that its restructuring plan has been approved by the Canadian and Ontario Governments. The agreements reached with key stakeholders will enable the company to complete its restructuring efforts without the need for court-supervision. The filing by General Motors in the United States is not expected to affect GM Canada's operations. A new GM Canada will remain one of Canada's leading auto marketers and manufacturers and will focus on Chevrolet, Buick, GMC and Cadillac. "GM Canada's restructuring has been challenging and has required sacrifices by all of our stakeholders including our employees, retirees, the CAW, our dealers and others. We are confident that these sacrifices will lead to positive results. We appreciate the support of the Governments of Canada and Ontario that will enable us to complete our restructuring and allow for a more competitive, stronger new GM Canada," said Arturo Elias, President, GM Canada. "Our customers can confidently continue to purchase new vehicles and obtain service and take full advantage of GM's leading warranty coverage throughout this process. The new GM Canada will be even more focused on our customers." The comprehensive restructuring plan approved by the Governments of Ontario, Canada and the U.S., recognizes the high level of GM Canada's integration in GM's North American operations. The integrated North American Plan combines assistance from all three governments to ensure GM Canada will continue as one of Canada's leading vehicle manufacturers with the associated benefits of capital investment and direct employment, and indirect employment through the supply chain and dealer network. Consistent with the principle of proportional support for proportional production, the Governments of Canada and Ontario will invest $10.6 billion (CDN) in General Motors. As a result of this investment in both GM Canada and its parent company, the Governments of Canada and Ontario will receive a significant equity position in the new GM and secure the following benefits for Canada: The launch of 5 new vehicles, including new hybrid vehicle production, at GM Canada assembly plants in Oshawa and Ingersoll, maintaining GM Canada's standing as one of Canada's largest vehicle manufacturers with 16% share of GM's North American vehicle assembly. · The introduction of flexible transmission production with the launch of manufacturing of the fuelefficient 6 speed front-wheel-drive transmission at GM Canada's St. Catharines facility. · Ongoing significant production of V6 and V8 engines will be maintained at St. Catharines Powertrain. · GMCL plans to make substantial capital investments over the next seven years in Canadian facilities and contemplates no further GM Canada plant closures at this time, reflecting restructuring actions already announced. · With the recently concluded agreement with the CAW, GM Canada's labour costs will be competitive with Toyota Canada. · GM plans to invest almost $1 billion (CDN) over the next seven years in green research, development and innovation focusing on energy diversification, fuel economy improvements and vehicle electrification, through its Oshawa-based Engineering Centre. Canadian suppliers and universities will be critical partners in this research and innovation. · Secures pensions for GM Canada retirees by improving funding levels over time in the salaried and hourly pension plans and establishes a "Health Care Trust" for hourly retiree health care benefits. · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome · Fleetcards Welcome Yes! you may now have your Hybr id Vehicle ser viced at Youngs Y OUNGS AUTOMOTIVE LTD. ' UP TO $ ON 4 SELECT GOOD YEAR OR DUNLOP TIRES Goodyear & Dunlop Tire Sale Spring Service Inspection 200 $ .00 R EBATE $ WITH INSURANCE APPROVAL INST ANT PREMIUM USED VEHICLES E SAVE GAS WITH TH NEW ASSURANCE FUEL MAX TIRE $ Goodyear & Dunlop Tires Premium winter tire for DUNLOP cars and vans provides excellent traction in REBATE SP 60 all winter conditions. INSTANT Well-priced and aggressive all season tire G $ * SPRINLE A TIRE S ON THE PURCHASE OF 4 TIRES 50 Offer valid for most passenger vehicles until December 6th, 2008. Additional parts and labour extra. Synthetic oil and disposal fee extra. OR 15,990 7 Passenger, 4x4 · Spring Service Inspection Includes Tire Swap If on rims · Lube change oil and replace oil filter · 72-point inspection and Tire Rotation · Brake Inspection · Check Battery etc... $ $ 49 CHIP REPAIRS 0 12,990 UNIGLASS PLUS AUTO GLASS 2005 Nissan Altima 2.5S Extra, 1 owner 2005 Nissan Pathfinder ASSURANCE TRIPLE TREAD NE 3 TIRES IN O Dry et YBRe TIR HW4nSd,AIcID E a E SON INSTANT Some models extra. (parts extra) $ RATED REBATE G NUMBER SPRIN* $ TIRE ONE Plus parts some models extra. Pick-ups & SUVs ON THE PURCHASE OF 4 TIRES 75E SAL SAFETY INSPECTION Repairs extra. 31,990 Low Kms One Owner, Low Mileage, Fully Equipped TUNE-UPS $ 59 90 90 PLUS GUARANTEED AUTO 49 GLASS Windshield Back Glass or Side Glass. All makes and models. Help with your insurance deductible or excellent cash prices. Upgr. 2.4L engine Leather, Collector's Car Features KEVLAR® for added strength, toughness and a smooth, quiet ride. Sport Ute & Light Truck 13,990 PRIN SREBATEG $ TIRE * SALE INSTANT 100 INSTANT ON THE PURCHASE OF 4 TIRES WITH PURCHASE OF 2 OR MORE TIRES ALIGNMENT $ 10.00 OFF $ 7,990 Wrangler SilentArmor $ 6990 $15,980 2004 Mercedes 320 Convertible 2004 Accent Hyundai 4 Dr. GL 2005 Nissan Altima SE Extra $ Cars & Vans BRAKE SPECIAL Service calipers, change brake disc & pads. $ 49 .90 Straight Purchase 2006 Chrysler PT Cruiser GT Convertible Fortera TripleTred Three unique tread zones for tricky driving conditions on dry, wet and even snowy roads. Sport Ute & Light Truck PRIN SREBATEG $ IRE * T SALE 100 ON THE PURCHASE OF 4 TIRES SAVE ON REPAIRS TO RADIATORS & COOLING SYSTEM, DIAGNOSTIC & ENGINE LIGHTS, TIMING BELT & EXHAUST $ AUTOMOTIVE AIR CONDITIONING INSPECTION ARRIVING TODAY! We Offer 36,000 kms, One Owner, Immaculate 297 Speers Road, Oakville www.youngsauto.ca ON NEW GOOD YEAR TIRES 59 Jeff Young Service .90 Plus Parts Ken Young Sales (N.E. corner of Dorval & Speers) 905-827-7477 Add applicable taxes to all prices. Erik Tremols Mech, ON NEW GOOD YEAR TIRES OPEN SATURDAYS - FREE LOCAL SHUTTLE