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After Years of Labor Gains, Autoworkers Face Losses

Date: July 17, 2007
Author: Sholnn Freeman
QUOTE: The Detroit automakers, which collectively lost $16 billion last year, and investors are demanding ... a transformational labor contract that would slash costs and free up cash ... Some union members ... say they would rather give up some of their historically generous benefits than risk losing them if one or more companies go out of business.

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