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GM Won’t Intervene In Two-Month Old American Axle Strike - 05/01/08

30th April 2008

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By Doug Cunningham

GM says it doesn’t want any part in settling the American Axle strike, despite the fact that the strike has cost GM $800 million and the lost production of 100,000 vehicles. The UAW strike was triggered by American Axle’s demand to slash wages in half and end future retiree pensions and health benefits.

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