General Motors Corp. officially completes the sale of its P-Model Chassis business to Union City Body Co., which will begin production of the chassis under the name Workhorse Custom Chassis in the first quarter. • DaimlerChrysler AG announces salaries for its top 250 executives will be 25% guaranteed with 75% tied to incentives and other bonuses. • Ford Motor Co. is promising to cut costs by $1 billion in 1999. • South Korea-based Asia Motors Co. has lost almost $200 million due ...
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