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British workers at BMW plan strikes to oppose moves by the automaker to alter their pension plans. The strikes would affect the Mini plant in Oxford, an engine factory and a pressings plant.
General Motors will practically pay France's PSA Group to take its long-struggling European unit off its hands as it looks to cauterize a perennial bleeder.
Ford Motor said Friday that a change in how it accounts for pensions will result in a $2 billion hit to its 2016 net income, according to a document filed with the Securities and Exchange Commission.
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