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GM Korea Plans Big Cuts in Salaried Workforce
12/18/2013General Motors Co. will offer buyouts in early 2014 to 6,000 salaried workers in South Korea, Reuters reports.
Michigan Legislature Okays Self-Driving Cars
12/18/2013Michigan is poised to become the fourth state after California, Florida and Nevada to permit autonomous vehicles on public roadways.
Daimler Extends Work Shifts to Meet Sales Demand
12/18/2013Daimler AG plans another round of longer or extra work shifts in 2014 to meet demand for several of its models.
Australia Sets Up Fund to Battle Shrinking Auto Sector
12/17/2013The Australian government is creating a A$100 million ($89 million) fund to help the country recover from announced production pullouts by Ford and General Motors in 2016 and 2017, respectively.
Nissan Debuts Sales Venture in Philippines
12/17/2013Nissan Motor Co. will launch a national sales company in the Philippines in early 2014.
BorgWarner Buys German Supplier
12/17/2013BorgWarner Inc. has agreed to pay an undisclosed sum to acquire Germany's Gustav Wahler GmbH, a maker of exhaust gas recirculation valves, thermostats and other components.
UAW Aims to End Two-Tier Wages
12/17/2013The United Auto Workers union board "hates" the two-tier wage system it agreed to in 2007 and intends to eventually abolish it, a high-level union official tells reporters.
Army Dedicates Research Area for Fuel-Cell Work with GM
12/17/2013The U.S. Army has dedicated a portion of its new Ground System Power and Energy Laboratory in Warren, Mich., to develop fuel-cell systems with General Motors Co.
Optimism About German Economy Continues to Gain
12/17/2013Expectations about Germany's economy improved for the sixth consecutive month in December, according to the country's Centre for European Economic Research (ZEW) in Mannheim.
Europe’s Car Sales Rose 1% in November
12/17/2013Deliveries of passenger cars across Europe grew by only 8,900 units to 975,300 vehicles last month, ACEA reports.