Canada's largest supplier, Magna International, is a potential lifeline for General Motors' Oshawa plant in Ontario.

Magna CEO Don Walker said Tuesday that if his company were able to secure multiple deals with manufacturers to build between 20,000 and 50,000 vehicles each per year, it would take a look at Oshawa, or a brand-new plant, as a North American venue for contract manufacturing.

GM plans to end production of the Chevrolet Impala and move pickups to other plants by the end of the year, putting the brakes on 112 years of production at Oshawa. The plant employs about 2,600 workers and has roughly 10 million square feet of manufacturing space.

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Supplier Magna Shows Interest In Saving Canadian GM Plant

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