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Tuesday, March 27, 2018

GM says South Korean unit will file for bankruptcy if no union concessions by April 20

SEOUL (Reuters) - General Motors said its loss-making South Korean operations would file for bankruptcy if its union did not agree to cut labor costs by April 20, heaping pressure on workers and the South Korean government to swiftly agree a rescue plan.


from Reuters: Business News https://ift.tt/2IURMF7

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