GM likely won't keep 20% of production in Canada: analyst

An analysis of General Motors' production plans for the next six years shows the company will not maintain 20 per cent of its North American output in Canada despite what it has told governments.

The analysis by AutomotiveCompass shows GM Canada will provide between 12 and 14 per cent of the company's North American volume from now until 2015.

GM Canada previously told the federal and Ontario governments that it would maintain its current share of production in order to receive long-term bailout loans.

Ontario Premier Dalton McGuinty says he'll fight to keep 20 per cent of GM's production in the province.

He says Canadian production levels are still under negotiation as part of an aid package to General Motors.

In February, GM asked for $6 billion in loans from the two governments, but AutomotiveCompass suggests this would be overpaying by $1.5 billion.