restructuring plan of General Motors (GM) on the verge of bankruptcy, to the American government, the management of the European subsidiary, General Motors Europe, and the European Works Council (EWC) made, for the first time, in a February 18 press release, allusion to the possibility of separating the subsidiary from the American parent company. The signatories of the joint communiqué declared their readiness “to negotiate partnerships or forms of participation with third parties.” They...
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