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General Machinery Markets Reuters

GM buyouts cut 5,000 jobs, CFO says

Reuters — About 5,000 General Motors salaried workers took buyouts to leave the company, putting the company well on the way to hitting a US$2 billion cost-cutting target, the automaker’s chief financial officer said Tuesday. GM shares were trading down nearly two per cent at midday, even though CFO Paul […]

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Heavy factory, dealer discounts fuel U.S. truck price war

By Paul Lienert

Ford recalls F-250s that could roll while in park

By Reuters