Autoliv Inc. reportedly plans to lay off as many as 3,000 workers, or about 7% of its workforce, which would generate pretax savings of $120 million annually beginning in 2010. More than half of American Axle & Mfg. Holdings Inc.’s 3,650 U.S. hourly workers are expected to take buyout offers, the Associated Press reports, citing an unnamed United Auto Workers official. General Motors Corp.’s Brazilian unit reaches a deal worth BR3 billion ($1.9 billion) to buy 420,000 diesel engines ...
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