General Motors Corp. wins a 10-year tax abatement that will save the auto maker $710,234 at its Fort Wayne, IN, assembly plant, which will receive $35 million to produce new derivatives of the Chevrolet Silverado and GMC Sierra fullsize pickups. If GM gives the go-ahead for the program, the new models will feature extended cabs with shorter cargo boxes. The pickups would begin production in 2005. “We are considering a $35 million renovation for new derivatives of the Silverado/Sierra ...
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