GM Holden Ltd. joins two other domestic auto makers and several Tier 1 suppliers in an agreement that ends a 12-day strike at three Australian parts plants, avoiding layoffs of more than 4,000 workers at its assembly plant in Adelaide. The A$5 million ($3.8 million) rescue package ends a strike that threatened to bring car production in Australia to a standstill. GM Holden was the last holdout in the settlement because a shipment of components from Huon Corp., necessary to continue ...
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