Australian auto-parts maker Tristar Steering & Suspension Australia Pty. Ltd. backs down and settles after an 18-month industrial dispute that saw it paying workers to do nothing rather than give them expensive redundancy entitlements. Tristar once employed 380 people and supplied power rack-and-pinion steering gears, ball joints, lower control arms, steering-linkage and various other suspension components to Australia’s Big Four: Toyota Motor Corp. Australia Ltd., GM Holden Ltd., Ford ...
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