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GM, Korean union reach tentative agreement to avoid bankruptcy
On April 23, General Motors said that it has reached a tentative agreement with South Korean labor union officials to cut costs and allocate new car models to GM Korea factories.
The agreement, which must still be ratified by the workers, keeps GM from filing for bankruptcy protection at the unprofitable Korean unit ....
The agreement, which must still be ratified by the workers, keeps GM from filing for bankruptcy protection at the unprofitable Korean unit ....
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