Oldsmobile
Saturday May 10
GM offers $200 million toward American Axle employee buyouts
“We believe the offer will help bridge the gap between the negotiating parties and that they will be able to reach a mutually satisfactory settlement in near future”
General Motors Corp has agreed to pay up to $200 million to help end the 10-week strike at parts maker American Axle & Manufacturing Holdings Inc. via Detroit News Online
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