GM says 19,000 workers taking buyout

May
29

In this April 19, 2008 file photo, General Motors Corp. CEO Rick Wagoner shows off the new Chevrolet Volt in Beijing. GM's top managers are working on additional restructuring measures to deal with a declining U.S. auto market and an accelerated shift from trucks to more fuel efficient vehicles, a person familiar with the plan told The Associated Press late Wednesday.General Motors Corp. will furlough entire shifts of workers at some truck factories and may move them to nearby car plants as it restructures.



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