A strike by United Auto Workers union members at supplier American Axle Mfg. & Holdings Inc. cost General Motors Corp. more than $800 million in the first quarter, leading to an overall loss of more than $3.25 billion, the auto maker says. Meanwhile, the sluggish start to the year has GM reducing its U.S. sales expectations for 2008 by 500,000-plus units. It now expects industry sales to reach only the mid- to high-15 million-unit range, including heavy-duty vehicles, down from the ...
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