GM and UAW reach deal with U.S. government on restructuring

2009/05/21 21:15:25 @Reuters: Top News

DETROIT (Reuters) - General Motors Corp cleared a key obstacle in its restructuring on Thursday as the United Auto Workers agreed to cut labor costs and accept new terms for a $20 billion union retiree healthcare obligation. div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=gt533TO9ymo:DsMZT2hwm1A:yIl2AUoC8zA" img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0" /img /a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=gt533TO9ymo:DsMZT2hwm1A:F7zBnMyn0Lo" img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=gt533TO9ymo:DsMZT2hwm1A:F7zBnMyn0Lo" border="0" /img /a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=gt533TO9ymo:DsMZT2hwm1A:V_sGLiPBpWU" img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=gt533TO9ymo:DsMZT2hwm1A:V_sGLiPBpWU" border="0" /img /a /div img src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/gt533TO9ymo" height="1" width="1"/
[ VIEW FULL COVERAGE @Reuters: Top News ]