Nissan offers buyouts to Tenn. workers
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April Wortham
Automotive News | July 30, 2008 - 11:58 am EST
 
 
NASHVILLE — Nissan North America Inc. will offer voluntary buyouts to workers at its two Tennessee factories to counter slow sales of full-sized pickups and SUVs.
Technicians and salaried employees at the Smyrna assembly and Decherd powertrain plants will be [...]

 
Reports: GM to cut 15% of salaried workforce
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Andrew Grossman
Automotive News | July 30, 2008 - 2:47 pm EST
 
 
DETROIT — General Motors refuses to confirm or deny reports that it will cut 15 percent of its salaried workers in the United States and Canada by Nov. 1.
The Associated Press and The Wall Street Journal reported [...]

 
Massive one-time charges haunt GM’s Q2
North America loss is $4.4 billion, total net loss is $15.5 billion
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Craig Trudell and
and Philip Nussel
Automotive News | August 1, 2008 - 7:11 am EST

 
DETROIT — General Motors today reported an adjusted loss of $6.3 billion — before several one-time charges — during the second quarter. The automaker [...]