DETROIT – Billions of dollars that could be targeted toward product programs and manufacturing efficiencies instead will be used to contribute to General Motors Corp.’s growing under-financed pension fund. But GM appears confident it can reconcile the problem, saying it is tackling it and from a much better starting point than in past crisis. Nevertheless, it warns, no pain – no gain. “No doubt fixing this balance sheet hole will consume considerable GM cash flow,” says Eric ...
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