GM explores strategic options for Allison Transmission unit

Newswire

Jan 25 (Reuters) - General Motors Inc. said it was looking at strategic options for its Allison Transmission commercial and military operations, including a possible sale, to improve liquidity. The review is part of a plan to concentrate on core operations of making and selling cars and light trucks, the world's largest automaker said in a statement. (Reporting by Kuncheria Cholemkeril in Bangalore)

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