The president of the Canadian Auto Workers says his union will not reopen bargaining with General Motors of Canada Ltd. under any circumstance, despite the events of the last 24 hours that have seen the U.S. government force out General Motors Corp. CEO Rick Wagoner and reject GM’s restructuring plan as insufficient. President Obama said earlier today the U.S. government will extend federal loans to GM for 60 days and provide working capital for Chrysler LLC for 30 days while it completes ...
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