GM, Union Negotiate More Buyouts
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General Motors Corp. is close to an agreement with the United Auto Workers on another round of buyout and early retirement offers to cut the number of workers in jobs banks and clear openings for workers hired at lower-tier wages
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NEW YORK/DETROIT  - General Motors Corp. is in preliminary talks to buy Chrysler, a source familiar with the situation said on Friday.
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DETROIT - General Motors Corp. won its struggle to unload $51 billion in retiree health costs and improve competitiveness in the latest round of contract talks with the United Auto Workers, but not without a short-lived strike that wrung promises out of GM to keep jobs at US plants.
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General Motors Corp. GM.N Chief   Executive Rick Wagoner said he was open to an alliance with   Renault-Nissan and made clear that talks could be extended   beyond a mid-October deadline set by the carmakers.
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Negotiators from General Motors Corp and the United Auto Workers union were making significant progress on Saturday on a new labor contract, but major issues remained unresolved, a person close to the talks said.
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General Motors Corp. and Ford Motor Co. began talks with the United Auto Workers union on Monday, hoping to win sweeping concessions that would slash labor costs for the struggling auto industry.
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Negotiations between General Motors Corp  and its major union ran through a fifth day of overtime on Wednesday, with the automaker suggesting a trust fund that would take over nearly $5 billion in annual health-care costs, according to a person familiar with the proposal.
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DETROIT -- General Motors Corp., eager to lower wages and staunch the kinds of losses it saw in 2007, said Tuesday it is offering a new round of buyouts to all 74,000 of its U.S. hourly workers who are represented by the United Auto Workers.
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Ford Motor Co  and the United Auto Workers union on Tuesday intensified the pace of negotiations for a new labor contract, a person familiar with the talks said.
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General Motors and the United Auto Workers continued negotiations toward a watershed labor contract today, with an 11 a.m. strike deadline approaching and autoworkers poised to walk out.
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Ford Motor Co.  will offer buyout  packages of up to $140,000 to all of the more than 75,000  workers at its U.S. plants, the United Auto Workers union said  on Thursday, a day before the automaker details a revised  turnaround plan in response to slumping sales.
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Negotiations between General Motors  Corp  and its major union ran through a fifth day of  overtime on Wednesday, with the automaker suggesting a trust  fund that would take over nearly $5 billion in annual  health-care costs, according to a person familiar with the  proposal.
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General Motors Corp. , the world's biggest automaker, will keep shrinking its U.S. work force this year, offering buyout packages to more salaried employees to offset rising costs, executives said on Monday.
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Negotiations for a new labor contract between General Motors Corp  and the United Auto Workers union resumed on Friday morning as the No. 1 U.S. automaker heads toward a midnight deadline to either clinch a deal or face a possible strike.
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NEW YORK/DETROIT  - General Motors Corp. is in preliminary talks to buy Chrysler, the struggling U.S. arm of DaimlerChrysler AG, or to strike a strategic alliance with the rival automaker, sources familiar with the situation said on Friday.
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Negotiations between General Motors Corp  and its major union ran through a fifth day of overtime on Wednesday with the automaker suggesting a trust fund that would take over nearly $5 billion in annual health care costs, according to a person familiar with the proposal.
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Fiat and General Motors are to hold more talks to solve their differences over  the future of the Italian firm's loss-making auto group, Fiat says.